Malaysian "Bail Outs"? :
Capital Controls, Restructuring And Recovery
Wong Sook Ching, Jomo KS & Chin Kok Fay
Three economists pick over the pieces of the aftermath of the 1997-98 financial crisis as it affected Malaysia to discover what happened and what were the lasting effects on the country's economy. The Malaysian Government claimed that its policies were responsible for the strong recovery in the two succeeding years, while the global financial community's view was that Government action was motivated by the need to rescue politically influential corporate interests. The authors argue in readable prose that neither view quite told the whole story. A chronology of events and case studies are included. 349 pages with a bibliography and index.
Weight: 0.8kg. Post free within Malaysia