Malaysia Selected Issues

This Selected Issues paper examines the implications of lower crude oil prices on Malaysia's economy. Although Malaysia's net oil exports are now very small as a share of GDP, its gas exports are sizeable. The paper provides some background on the structure of energy production and trade i...

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Corporate Author: International Monetary Fund Asia and Pacific Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015, 2015
Series:IMF Staff Country Reports; Country Report
Subjects:
Oil
Gas
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Summary:This Selected Issues paper examines the implications of lower crude oil prices on Malaysia's economy. Although Malaysia's net oil exports are now very small as a share of GDP, its gas exports are sizeable. The paper provides some background on the structure of energy production and trade in Malaysia, and presents results from empirical analysis of the oil prices on Malaysia's growth. It is concluded that the decline in prices is likely to have a net negative impact on growth, even though the recent decline in oil prices partially reflects supply considerations
Physical Description:48 p.
ISBN:9781498345767
149834576X