Income disparity in Malaysia
According to the UNDP 1997 Human Development Report, [ [http://www.aseanfocus.com/asiananalysis/article.cfm?articleID=35 Asian Analysis 1998 by Asean Focus Group] , Professor Michael LeighDirector Institute of East Asian Studies University Malaysia, Sarawak.] and the 2004
United Nations Human Development(UNHDP) report, [ [http://www.dapmalaysia.org/english/2005/july05/lge/lge149.htm Speech at the Meeting between DAPSY National and Perak State Leaders In Teluk Intan by Lim Guan Eng] , If the 2004 Petronasprofits of RM 35.6 billion (US$9.89 billion) were distributed to the poor, Malaysia would not have wealth distribution problems.] Malaysiahas the highest income disparity between the rich and poor in Southeast Asia, greater than that of Philippines, Thailand, Singapore, Vietnamand Indonesia. The UNHDP Report shows that the richest 10% in Malaysia control 38.4% of the economic income as compared to the poorest 10% who control only 1.7%. Kuala Lumpuras the capital of Malaysia has an increasing number of squatters, shanty townsand slums, and is also seeing an increase in criminal acts such as snatch theft, robberies, and rape.
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