|
|
|
|
LEADER |
02189nmm a2200313 u 4500 |
001 |
EB001836275 |
003 |
EBX01000000000000001002721 |
005 |
00000000000000.0 |
007 |
cr||||||||||||||||||||| |
008 |
180626 ||| eng |
020 |
|
|
|a 9781840646214
|
020 |
|
|
|a 1840646217
|
020 |
|
|
|a 9781843764557
|
020 |
|
|
|a 9781781009666
|
050 |
|
4 |
|a HG3973.6
|
100 |
1 |
|
|a Athukorala, Prema-Chandra
|
245 |
0 |
0 |
|a Crisis and recovery in Malaysia
|h Elektronische Ressource
|b the role of capital controls
|c Prema-Chandra Athukorala
|
260 |
|
|
|a Cheltenham
|b Edward Elgar Pub
|c c2001
|
300 |
|
|
|a xii, 167 p
|b ill
|
651 |
|
4 |
|a Capital movements / Government policy / Malaysia
|
651 |
|
4 |
|a Malaysia / Economic conditions
|
651 |
|
4 |
|a Malaysia / Economic policy
|
653 |
|
|
|a Financial crises / Malaysia
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
|
|
|b ZDB-1-EWE
|a Edward Elgar eBook Archive
|
856 |
4 |
0 |
|u https://www.elgaronline.com/view/9781840646214.xml
|3 Volltext
|x Verlag
|
082 |
0 |
|
|a 332/.042
|
520 |
|
|
|a 1. State of the debate -- 2. Pre-crisis Malaysian economy : an overview -- 3. Capital account opening, capital inflow and share market boom -- 4. Capital flows and signs of vulnerability -- 5. Onset of the crisis, policy slippage and economic collapse -- 6. Policy turnaround : from muddling through to capital control -- 7. The recovery -- 8. The role of capital control -- 9. Conclusion
|
520 |
|
|
|a 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
|