IDEAS home Printed from https://ideas.repec.org/a/taf/rapaxx/v34y2012i2p187-203.html
   My bibliography  Save this article

Political Economy of the Budgetary Process and Public Expenditure in Malaysia

Author

Listed:
  • Tan Yee Shin
  • Mohamed Aslam

Abstract

A nation's ruling political party has the right to draft and implement economic policies, including budgetary policy. In the case of Malaysia, budget policy and expenditure is associated with medium- and long-term economic development plans, the current thinking behind economic policies, and any additional measures related to major economic events such as the impact of global economic crises. Also, the budget includes economic policies according to the ruling party's manifesto. Even though the allocation of the budget is the ruling government's privilege, the government's financial plans, spending, taxation and borrowing are subject to laws, rules and procedures. The ruling government cannot simply utilise economic resources for its particular political interests, as the discussion illustrates.

Suggested Citation

  • Tan Yee Shin & Mohamed Aslam, 2012. "Political Economy of the Budgetary Process and Public Expenditure in Malaysia," Asia Pacific Journal of Public Administration, Taylor & Francis Journals, vol. 34(2), pages 187-203, December.
  • Handle: RePEc:taf:rapaxx:v:34:y:2012:i:2:p:187-203
    DOI: 10.1080/23276665.2012.10779394
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23276665.2012.10779394
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/23276665.2012.10779394?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Poterba, James M. & von Hagen, Jurgen (ed.), 1999. "Fiscal Institutions and Fiscal Performance," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226676234.
    2. James M. Poterba & Jürgen von Hagen, 1999. "Fiscal Institutions and Fiscal Performance," NBER Books, National Bureau of Economic Research, Inc, number pote99-1.
    3. Goyal, Ashima, 2003. "Budgetary processes: a political economy perspective," MPRA Paper 27786, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Emanuel Kohlscheen, 2008. "Debt Bailouts And Constitutions," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 480-492, July.
    2. Torsten Persson & Guido Tabellini, "undated". "Political Institutions and Policy Outcomes: What are the Stylized Facts?," Working Papers 189, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    3. Qiuxia Yang, 2020. "Fiscal Transparency and Public Service Quality Association: Evidence from 12 Coastal Provinces and Cities of China," JRFM, MDPI, vol. 14(1), pages 1-14, December.
    4. Samuel Brazys & Krishna Chaitanya Vadlamannati, 2021. "Aid curse with Chinese characteristics? Chinese development flows and economic reforms," Public Choice, Springer, vol. 188(3), pages 407-430, September.
    5. Martin Larch, 2010. "Fiscal performance and income inequality: Are unequal societies more deficit-prone? Some cross-count," European Economy - Economic Papers 2008 - 2015 414, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    6. Borge, Lars-Erik, 2005. "Strong politicians, small deficits: evidence from Norwegian local governments," European Journal of Political Economy, Elsevier, vol. 21(2), pages 325-344, June.
    7. Mr. David Hauner & Mr. Manmohan S. Kumar, 2005. "Financial Globalization and Fiscal Perfomance in Emerging Markets," IMF Working Papers 2005/212, International Monetary Fund.
    8. von Hagen, Jürgen & Strauch, Rolf R., 2001. "German public finances: Recent experiences and future challenges," ZEI Working Papers B 13-2001, University of Bonn, ZEI - Center for European Integration Studies.
    9. Michał Mackiewicz, 2006. "Przyczyny deficytu finansów publicznych w świetle nowej ekonomii politycznej," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 1-22.
    10. Amable, Bruno & Azizi, Karim, 2014. "Counter-cyclical budget policy across varieties of capitalism," Structural Change and Economic Dynamics, Elsevier, vol. 30(C), pages 1-9.
    11. Bedri Peci, 2016. "Fiscal Transparency In Theory And Practice: The Case Of Kosovo," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 4(4), pages 78-91, November.
    12. Yläoutinen, Sami, 2004. "The role of electoral and party systems in the development of fiscal institutions in the Central and Eastern European countries," ZEI Working Papers B 13-2004, University of Bonn, ZEI - Center for European Integration Studies.
    13. HoeJeong Kim & Hadi Salehi Esfahani, 2002. "Hiding Public Debt," Working Papers 0203, Economic Research Forum, revised 10 Jan 2002.
    14. Dilla, Diana, 2017. "Staatsverschuldung und Verschuldungsmentalität [Public Debt and Debt Mentality]," MPRA Paper 79432, University Library of Munich, Germany.
    15. Åsa Johansson, 2016. "Public Finance, Economic Growth and Inequality: A Survey of the Evidence," OECD Economics Department Working Papers 1346, OECD Publishing.
    16. Asatryan, Zareh & Castellón, César & Stratmann, Thomas, 2018. "Balanced budget rules and fiscal outcomes: Evidence from historical constitutions," Journal of Public Economics, Elsevier, vol. 167(C), pages 105-119.
    17. Mark Hallerberg, 2002. "Introduction," European Union Politics, , vol. 3(2), pages 139-150, June.
    18. Ziogas, Thanasis & Panagiotidis, Theodore, 2021. "Revisiting the political economy of fiscal adjustments," Journal of International Money and Finance, Elsevier, vol. 111(C).
    19. Rui Nuno Baleiras, 2014. "Towards predictability and sustainability of public finances: a commentary on 'Control of the Central Government Budget Outturn'," CFP Occasional Papers 02/2014, Portuguese Public Finance Council.
    20. Ryo Arawatari & Tetsuo Ono, 2015. "Redistributive Politics And Government Debt In A Borrowing-Constrained Economy," Bulletin of Economic Research, Wiley Blackwell, vol. 67(1), pages 83-103, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rapaxx:v:34:y:2012:i:2:p:187-203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAPA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.