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The role of budget speech: a Malaysian Government study

Laurence Ferry (Department of Accounting and Finance, Newcastle University Business School, Newcastle upon Tyne, UK)
Zamzulaila Zakaria (Department of Accounting, Kulliyyah of Economics and Management Sciences, International Islamic University, Kuala Lumpur, Malaysia)
Peter Eckersley (School of Geography, Politics and Sociology, Newcastle University, Newcastle upon Tyne, UK)

International Journal of Public Sector Management

ISSN: 0951-3558

Article publication date: 7 October 2014

1933

Abstract

Purpose

The purpose of this paper is to study the role of budget speech in the Malaysian Government as a “hybrid” for governing both the economy and social cohesion.

Design/methodology/approach

Through archival research, a governmentality framework and the concept of hybrids (Miller et al., 2008) are employed to explore the role of budget speech in articulating ways in which the government managed the economic and social agenda.

Findings

Previous governmentality studies have primarily been conducted on economic performance in western liberal democracies. Such research has illustrated the framework, measures undertaken by the government and choices of the governable person in actions for economic life. This paper applies these studies to a South East Asian context and finds that budget speeches between 2007 and 2011 are hybrids, in that they set out ways of achieving the two key priorities of post-independence Malaysia – the need to promote economic development whilst also fostering social harmony. Most notably, it finds that economic development was the dominant priority in those budget speeches held prior to the global financial crisis and 2008 general election, whereas social cohesion assumed this position from 2009 onwards.

Originality/value

The findings have both practical and social implications for Malaysia, but also other jurisdictions that are using budget speeches to try to promote economic reforms and foster social cohesion.

Keywords

Citation

Ferry, L., Zakaria, Z. and Eckersley, P. (2014), "The role of budget speech: a Malaysian Government study", International Journal of Public Sector Management, Vol. 27 No. 7, pp. 564-580. https://doi.org/10.1108/IJPSM-01-2014-0010

Publisher

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Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

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