Publication:
Malaysia Economic Monitor, June 2015: Transforming Urban Transport

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dc.contributor.authorWorld Bank
dc.date.accessioned2015-06-23T20:12:32Z
dc.date.available2015-06-23T20:12:32Z
dc.date.issued2015-06
dc.description.abstractAfter a strong finish in 2014, growth moderated in early 2015. Malaysia’s economy expanded by 6.0 percent in 2014, accelerating to 7.3 percent q/q saar in Q42014 due to resilient domestic demand and a pick-up of exports. Growth moderated to 4.7 percent q/q saar in Q1 2015 on account of weaker external demand, but domestic demand remained strong. To transform the planning and delivery of urban transport, Malaysia may consider prioritizing the following reforms: (a) Establish lead transport agencies at the conurbation level that spearhead an integrated approach towards the planning and delivery of urban transport across different modes; (b) identify and implement sustainable financing mechanisms for the lead agency. Introducing local taxes on fuel would not only result in environmental gains and trim the fiscal deficit (by RM10-19 billion), but also fund transport (for example, 24 percent of Vancouver’s transit system is funded by municipal gas taxes). Reviewing impediments to transit-oriented development will be another option, but should be considered alongside implications for affordability and inclusion; and (c) align policies to promote public transport with incentives to discourage the usage of private transport in congested areas. Introducing congestion pricing in areas well-covered by public transport as is done inSingapore will be an example of such policies.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/06/24646735/malaysia-economic-monitor-transforming-urban-transport
dc.identifier.doihttps://doi.org/10.1596/22038
dc.identifier.urihttps://hdl.handle.net/10986/22038
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCONGESTION PRICING
dc.subjectLOCAL FUEL TAXES
dc.subjectPRIVATE TRANSPORT
dc.subjectPUBLIC TRANSPORT
dc.subjectSUSTAINABLE FINANCING
dc.subjectURBAN TRANSPORT
dc.titleMalaysia Economic Monitor, June 2015en
dc.title.subtitleTransforming Urban Transporten
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleMalaysia Economic Monitor, June 2015: Transforming Urban Transport
okr.date.disclosure2015-06-17
okr.date.doiregistration2025-05-26T13:45:11.587195Z
okr.date.doiregistration2025-05-27T02:12:50.179675Z
okr.date.doiregistration2025-05-28T02:10:48.822324Z
okr.date.doiregistration2025-05-29T02:11:05.592818Z
okr.date.doiregistration2025-05-30T02:11:21.318173Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/2015/06/24646735/malaysia-economic-monitor-transforming-urban-transport
okr.globalpracticeTransport and ICT
okr.globalpracticeMacroeconomics and Fiscal Management
okr.guid509991467998814353
okr.identifier.externaldocumentum090224b082f3c367_1_0
okr.identifier.internaldocumentum24646735
okr.identifier.report97393
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/06/18/090224b082f3c367/1_0/Rendered/PDF/Malaysia0econo0ming0urban0transport.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMalaysia
okr.sectorPublic Administration, Law, and Justice
okr.sectorHealth and other social services
okr.sectorIndustry and trade
okr.themeEconomic management :: Analysis of economic growth
okr.themeEconomic management :: Macroeconomic management
okr.themeSocial protection and risk management :: Social safety nets
okr.topicRoads and Highways Performance
okr.topicTransport
okr.topicEnvironment::Environmental Economics & Policies
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicTransport::Transport Economics Policy & Planning
okr.topicUrban Development::Transport in Urban Areas
okr.unitMacro Fiscal Mgmt - GP (GMFDR)
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