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Malaysian "bail Outs"?
Sook Ching Wong
Jomo Kwame Sundaram
Kok Fay Chin
其他書名
Capital Controls, Restructuring, and Recovery
出版
NUS Press
, 2005
主題
Business & Economics / Economic Conditions
Business & Economics / Economic History
Business & Economics / Economics / General
Business & Economics / International / Economics & Trade
History / Asia / Southeast Asia
ISBN
9971693194
9789971693190
URL
http://books.google.com.hk/books?id=m_fbnbam3-oC&hl=&source=gbs_api
EBook
SAMPLE
註釋
As Malaysia's government responded to the 1997-98 financial crisis, the global financing community criticised its measures as bail outs for politically-influential corporate interests. When the economy recovered strongly in 1999 and 2000, Malaysian leaders claimed that their policies, including the capital controls so widely criticised at that time, were in fact responsible for recovery.
This book sets the record straight: refuting both sets of claims, and bringing a refreshing new perspective on the crisis and its aftermath. With clear and concise arguments, this book sheds new light on the Asian crisis and government policy responses, with emphases on its capital controls as well as corporate, bank and debt restructuring exercises. Written in accessible prose, together with chronologies of events and case studies, this book will appeal to general readers and those who wish to better understand economic policy issues in Malaysia and the region.