Green economy: Assessing the greenness of the Malaysian economy

Rabiul Islam, Chamhuri Siwar, Norasikin Ahmad Ludin, Mohammed Shamsul Chowdhury, Yusnidah Ibrahim

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

The purpose of this study is to provide a comprehensive definition of a green economy and further to assess the greenness of the Malaysian economy. The study also shows how different definitions and policy approaches are likely to meet economic development goals. The study is entirely based on secondary data (e.g. academic journals, trade journals, books, magazines, government reports, corporate reports on green economy). The findings indicate that, although recognised as an early pioneer in environmental policy, its disjointed implementation capacity and incongruent policy perspective has led to limited achievements in sustainability performance. We conclude that though there are both, institutional and market constraints to fully realise the green growth potential, Malaysia is mid-way in terms of readiness of embracing green growth, and it scores slightly lower in terms of distance to a green economy destination. Its limitations and further research proposals are discussed.

Original languageEnglish
Pages (from-to)226-242
Number of pages17
JournalInternational Journal of Green Economics
Volume6
Issue number3
DOIs
Publication statusPublished - 2012

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Readiness
Destination
Malaysia
Academic journals
Government
Secondary data
Economic development
Pioneers
Environmental policy
Sustainability

Keywords

  • Economic transformation
  • Energy conservation
  • Environment
  • Green economy
  • Green technology
  • Sustainability performance

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

Green economy : Assessing the greenness of the Malaysian economy. / Islam, Rabiul; Siwar, Chamhuri; Ahmad Ludin, Norasikin; Chowdhury, Mohammed Shamsul; Ibrahim, Yusnidah.

In: International Journal of Green Economics, Vol. 6, No. 3, 2012, p. 226-242.

Research output: Contribution to journalArticle

Islam, Rabiul ; Siwar, Chamhuri ; Ahmad Ludin, Norasikin ; Chowdhury, Mohammed Shamsul ; Ibrahim, Yusnidah. / Green economy : Assessing the greenness of the Malaysian economy. In: International Journal of Green Economics. 2012 ; Vol. 6, No. 3. pp. 226-242.
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