Balancing Sustainability in the Post-Pandemic Normal: Key Drivers

With great pleasure, the Department of Economics, Faculty of Economics and Administration, cordially invites you to the following event:

WEBINAR SERIES IN ECONOMICS

Balancing Sustainability in the 

Post-Pandemic Normal: Key Drivers

7th December 2020 (Monday) at 2.00pm - 3.30pm

Speaker: 

Distinguished Professor Dato' Dr. Rajah Rasiah

Asia-Europe Institute

University of Malaya

Moderator:

Assoc. Prof. Dr. Santha Chenayah

Faculty of Economics & Administration

University of Malaya

Register here to get the link: https://forms.gle/hK3kUGKjbYbdJauq5 

ABSTRACT

It has become clear now that governments cannot just focus on material development to sustain long-run economic development. Despite the global common being advanced when countries were still fueling their economies using fossil fuels to stimulate rapid growth, it has become increasingly obvious that a balance must be struck between material development, ecological and environmental balance, health, and socioeconomic equality. The Coronavirus (COVID19) pandemic not only has demonstrated the need to protect the environment, the over-focus on economic development can undermine all the four critical pillars. This lecture addresses this balance by examining empirically selected proxies where data is available on how countries with varying levels of economic development have addressed the links between GDP/capita and renewable energy shares in total energy consumption, hospital beds per thousand people, and income inequality. 

SHORT BIOGRAPHY

Rajah Rasiah began his academic career at Universiti Kebangsaan Malaysia in 1992 where he was appointed Professor in 1997 before he moved to serve as a senior research fellow at UNU-INTECH (Maastricht). He joined University of Malaya in 2004 where he is now Distinguished Professor of Economics. He is recipient of the 2014 Celso Furtado Prize from the World Academy of Sciences for advancing the frontiers of Social Science (Economic) thought, and the Merdeka Prize in 2018 for scholastic excellence. He served as the Dean of the Faculty of Economics at University of Malaya in 2009-10 and 2013-14. He was conferred the Dato Paduka Mahkota Perak (Dato') title by HRH Sultan Nazrin Shah in 2019.