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Malaysian 'bail Outs'? Capital Controls, Restructuring and Recovery

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Malaysian 'Bail Outs'? Capital Controls, Restructuring and Recovery - Wong, Sook Ching, and Jomo, Kwame Sundaram, and Chin, Kok Fay
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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 ...

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Malaysian 'Bail Outs'? Capital Controls, Restructuring and Recovery 2005, National University of Singapore Press, Singapore

ISBN-13: 9789971693190

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