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The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia

Link to publisher's homepage at https://www.psychosocial.com/

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Main Authors: Intan Maizura, Abd Rashid, Wan Ahmad Fauzi, Wan Husain, Irza Hanie, Abu Samah, Mohammad Harith, Amlus
Format: Article
Language:English
Published: Hampstead Psychological Associates 2020
Subjects:
Fiscal policy
Poverty
FDI inflows
Covid 19
Healthcare sector
Malaysia
Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/64663
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spelling my.unimap-646632020-07-20T02:11:25Z The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia Intan Maizura, Abd Rashid Wan Ahmad Fauzi, Wan Husain Irza Hanie, Abu Samah Mohammad Harith, Amlus Fiscal policy Poverty FDI inflows Covid 19 Healthcare sector Malaysia Link to publisher's homepage at https://www.psychosocial.com/ A good regulatory quality reflects perceptions of the capability of the regulatory to frame and implement sound policies and regulations that permit and help all sector development. Following the spread of COVID-19 and increased financial volatility, the growth of FDI and trade outlook for the region in 2020 has been sharply downgraded. This study aims to observe empirically the effect of government spending in heath sectors on economic growth during in the early stage Covid 19 outbreak in Malaysia. As the world has awakened to the potential risks of Covid 19, there has been a massive effort to add capacity to the healthcare system rapidly. In Malaysia, apart from stressing the need for the public to strictly adhere to the Movement Control Order (MCO), the government an immediate boost in funding for healthcare services through initial stage fiscal policy response to Covid 19 outbreak. This research used Dynamic Panel Data also known as longitudinal study, observed data over the four month from December, 2019 to March, 2020 in 5 selected Asia Country that involving with Covid 19. In term of limitation, this study just focusses on four month of data from selected Asia country involved with Covid-19. Panel causality results suggest bidirectional linkages between healthcare sector growth and government spending. Empirical findings suggest that fiscal policy reforms are required to channelize healthcare sector growth to a more government spending resulting from fiscal policy designed by the government of Malaysia. In addition, Panel causality results suggest bidirectional linkages between inward FDI and regulatory quality. Empirical findings suggest that economic policy reforms are required to channelize regulatory quality of COVID-19 to a more foreign capital inflows. The governments of Asian countries should pull out policies on FDI inflows and the environment in order to achieve sustainable economic growth and development. The regulators of other countries should pull out fiscal policies on government policy to achieve sustainable economic growth and health sector growth development. 2020-05-12T05:20:31Z 2020-05-12T05:20:31Z 2020-04 Article International Journal of Psychosocial Rehabilitation, vol.24(5), 2020, pages 2516-2523 1475-7192 http://dspace.unimap.edu.my:80/xmlui/handle/123456789/64663 https://www.psychosocial.com/ https://www.psychosocial.com/article/PR201950/19601/ en Hampstead Psychological Associates
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Fiscal policy
Poverty
FDI inflows
Covid 19
Healthcare sector
Malaysia
spellingShingle Fiscal policy
Poverty
FDI inflows
Covid 19
Healthcare sector
Malaysia
Intan Maizura, Abd Rashid
Wan Ahmad Fauzi, Wan Husain
Irza Hanie, Abu Samah
Mohammad Harith, Amlus
The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia
description Link to publisher's homepage at https://www.psychosocial.com/
format Article
author Intan Maizura, Abd Rashid
Wan Ahmad Fauzi, Wan Husain
Irza Hanie, Abu Samah
Mohammad Harith, Amlus
author_facet Intan Maizura, Abd Rashid
Wan Ahmad Fauzi, Wan Husain
Irza Hanie, Abu Samah
Mohammad Harith, Amlus
author_sort Intan Maizura, Abd Rashid
title The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia
title_short The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia
title_full The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia
title_fullStr The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia
title_full_unstemmed The Initial Fiscal Policy response to Covid-19 in Malaysia through a new development model in nurturing healthcare sector: validated embedded FDI inflows – Government spending in healthcare sector framework for Malaysia
title_sort initial fiscal policy response to covid-19 in malaysia through a new development model in nurturing healthcare sector: validated embedded fdi inflows – government spending in healthcare sector framework for malaysia
publisher Hampstead Psychological Associates
publishDate 2020
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/64663
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score 13.222552

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