Malaysian Economic Crisis
DOWNLOAD
Download Malaysian Economic Crisis PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Malaysian Economic Crisis book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Economic Crises In Malaysia
DOWNLOAD
Author : Samuel Bassey Okposin
language : en
Publisher:
Release Date : 2000
Economic Crises In Malaysia written by Samuel Bassey Okposin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
This study identifies the various economic crises that has plagued Malaysia since 1957. Besides examining theorectical debates and causes of each of these crises, it also discusses the economic impact of each of these crises in relation to the economy and looks at the policy measure adopted for each crisis.
Crisis And Recovery In Malaysia
DOWNLOAD
Author : Prema-chandra Athukoralge
language : en
Publisher: Edward Elgar Publishing
Release Date : 2001-01-01
Crisis And Recovery In Malaysia written by Prema-chandra Athukoralge and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-01 with Business & Economics categories.
'Professor Athukorala tells a fascinating story of one of the most successful economies in the world economy in the last decades, from the inception of its liberalisation policy to its radical decision to pursue an independent recovery path after the 1997 Asian financial crisis. This is case-study economics at its best. The book is superbly organised, meticulously researched and clearly written; a treat for professional economists and policymakers alike.' - Tony Thirlwall, University of Kent, UK 'Malaysia is one of the great success stories of the last quarter of the twentieth century. From 1988 it had one of the highest growth rates in the world, and it managed to maintain ethnic peace in an undoubtedly difficult environment. Recently it has provided a major laboratory experiment of the use of capital controls at a time of crisis when a country is highly integrated in the world capital market. This excellent book presents the first careful analysis of the nature and effects of these controls, as well as providing a thorough background of how the Asian crisis played out in Malaysia.' - W.Max Corden, The Johns Hopkins University, US In the light of the Malaysian experience during the Asian financial crisis, this book examines the role of international capital mobility in making countries susceptible to financial crises and the use of capital controls as a crisis management tool. Malaysia provides an interesting case study of this subject given its significant capital market liberalisation prior to the onset of the crisis, and its fundamental shift in crisis management policy in September 1998. The prime focus of the book is on Malaysia's radical policy decision to pursue an independent recovery path, cut off from world markets by a system of capital control, as a viable alternative to the conventional market centred approach. The analysis suggests that, against the initial dire predictions of many economists, the capital controls have actually played a crucial supportive role in crisis management. Whether the controls have played a special role in delivering a superior recovery outcome in Malaysia compared to IMF-program countries remains a point of contention. However, there is strong evidence to suggest that this pragmatic policy choice was instrumental in achieving recovery, while minimising potential economic disruption and related social costs.
Malaysian Eclipse
DOWNLOAD
Author : Jomo Kwame Sundaram
language : en
Publisher: Palgrave MacMillan
Release Date : 2001
Malaysian Eclipse written by Jomo Kwame Sundaram and has been published by Palgrave MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Devaluation of currency categories.
This text examines the Malaysian economic crisis of 1997-98. It deals with both the roots of the crisis and the recovery process and also gives an account of what went wrong with one of Asia's most dynamic economies.
Evaluating The Malaysian Economy 2009 2018 Growth Development And Policies Uum Press
DOWNLOAD
Author : Irwan Shah Zainal Abidin
language : en
Publisher: UUM Press
Release Date : 2020-03-01
Evaluating The Malaysian Economy 2009 2018 Growth Development And Policies Uum Press written by Irwan Shah Zainal Abidin and has been published by UUM Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-01 with Business & Economics categories.
Malaysia was once on the cusp of becoming one of the ‘Asian Tigers’ as a result of the impressively high growth rates recorded in the early 1990s. From 1990 until 1997, the growth rate was above 9 percent per annum on average. This performance came to an end when the economy was struck by the 1997/98 Asian Financial Crisis, the worst economic crisis Malaysia has ever experienced since independence. Things eventually worsened with the onslaught of the 2008/09 Global Financial Crisis, which dragged the Malaysian economy yet into another round of a recession with the growth rate contracting at 1.5 percent in 2009. On hindsight, these two events, which have had a substantial impact on the state of the Malaysian economy, pointed to several urgent calls for economic reforms, such as the need to address structural weaknesses of the economy and to have a growth target which is both sustainable as well as inclusive. When Datuk Seri Najib Razak became the sixth Prime Minister of Malaysia from April 2009 until May 2018, it was clear that a new approach to economic development for Malaysia had to be crafted. Towards this end, he introduced the National Transformation Policy (NTP), so that the economy can be transformed into one that is of high-income and developed status by the year 2020. He also set a new vision for Malaysia, also known as the 2050 National Transformation, or TN50, which is meant to chart a new course for Malaysia to move into the second half of the 21st century. How successful is this transformational agenda? What are the other issues and challenges which need to be addressed? What important lessons can we learn from this transformational journey? This book is an attempt to address these specific questions by assessing Najib’s economic plans, policies, programmes and vision which evolved during the nine years of his term as the sixth Prime Minister of Malaysia.
Managing Economic Crisis
DOWNLOAD
Author : Abdul Rashid Mahmud (Dato')
language : en
Publisher:
Release Date : 1999
Managing Economic Crisis written by Abdul Rashid Mahmud (Dato') and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business cycles categories.
Malaysian Economic Crisis
DOWNLOAD
Author : Amir Hashim
language : en
Publisher:
Release Date : 2000-06-01
Malaysian Economic Crisis written by Amir Hashim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-01 with Financial crises categories.
Malaysia and several East Asian economies have been caught in the grip of the currency crisis that started in July 1997. At the start of the crisis, Malaysia adopted a tight fiscal and monetary policy in response of the economic environment prevailing at that time it was obvious that the initial policy package resulted in severe economic contraction and deterioration in the health of the financial system. In response, the Government unveiled the National Economic Recovery Plan (NERP) which recommended a complete reversal of key policies. The NERP called for an easing of fiscal and monetary policy, an increase in government spending, corporate debt restructuring, and establishment of special vehicles to purchase and recapitalize non-performing loans from banking institutions. On September 1, 1998 the Government introduced capital controls and pegged the exchange rate to the US dollar, in order to insulate the domestic interest rate from continuing pressure and volatility in the foreign exchange market. This thesis explores the measures taken by the Malaysian Government to cope with recent economic crisis and describes the effects and lessons learned. The proper implementation of the selective capital control has given Malaysia a breathing space to pursue its on -going economic related programs.
Currency Turmoil And The Malaysian Economy
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1998
Currency Turmoil And The Malaysian Economy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Financial crises categories.
An Assessment Of Malaysian Monetary Policy During The Global Financial Crisis Of 2008 09
DOWNLOAD
Author : Mr.Harun Alp
language : en
Publisher: International Monetary Fund
Release Date : 2012-01-01
An Assessment Of Malaysian Monetary Policy During The Global Financial Crisis Of 2008 09 written by Mr.Harun Alp and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Business & Economics categories.
Malaysia was hit hard by the global financial crisis of 2008-09. Anticipating the downturn that would follow the episode of extreme financial turbulence, Bank Negara Malaysia (BNM) let the exchange rate depreciate as capital flowed out, and preemptively cut the policy rate by 150 basis points. Against this backdrop, this paper tries to quantify how much deeper the recession would have been without the BNM's monetary policy response. Taking the most intense year of the crisis as our baseline (2008:Q4-2009:Q3), counterfactual simulations indicate that rather the actual outcome of a -2.9 percent contraction, growth would have been -3.4 percent if the BNM had not implemented countercyclical and discretionary interest rate cuts. Furthermore, had a fixed exchange rate regime been in place, simulations indicate that output would have contracted by -5.5 percent over the same four-quarter period. In other words, exchange rate flexibility and the interest rate cuts implemented by the BNM helped substantially soften the impact of the global financial crisis on the Malaysian economy. These counterfactual experiments are based on a structural model estimated using Malaysian data.
Rewriting The Rules
DOWNLOAD
Author : Mahani Zainal Abidin
language : en
Publisher:
Release Date : 2002
Rewriting The Rules written by Mahani Zainal Abidin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Malaysia S Economic Challenges
DOWNLOAD
Author : Ramon V. Navaratnam
language : en
Publisher:
Release Date : 2003
Malaysia S Economic Challenges written by Ramon V. Navaratnam and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
Malaysia's economic development process and experience is unique. This book explores the country's economic policies: their implementation, impact and effectiveness, and provides the sorely needed economic literature on the Malaysian experience. By highlighting institutional weakness, the author recommends overdue reforms in the economic and banking sectors and in Malaysian public administration. By seeking to fathom the depths of the Asian financial crisis of 1997, he draws lessons from it and looks at ways to reshape the Malaysian economy in the tide of globalization, besides urging reforms and suggesting how both the Malaysian government and private sector can benefit from the challenges ahead. By combining an analytical approach with plain, communicative language, the author offers a cogent assessment of what Malaysia needs to do today to build a better tomorrow.