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Malaysia – Financial Crisis In Malaysia

In: From Crisis To Recovery East Asia Rising Again?

Author

Listed:
  • Mohamed Ariff

    (Malaysian Institute of Economic Research, 9th Floor, Menara Dayabumi, Jalan Sultan Hishamuddin, P.O. Box 12160, 50768 Kuala Lumpur, Malaysia)

  • Michael Meow-Chung Yap

    (Malaysian Institute of Economic Research, 9th Floor, Menara Dayabumi, Jalan Sultan Hishamuddin, P.O. Box 12160, 50768 Kuala Lumpur, Malaysia)

Abstract

The following sections are included:INTRODUCTIONCONDITIONS PRIOR TO THE START OF THE CRISISSigns of ConcernState of the Banking SectorExposure to External DebtTHE CRISISPOLICY RESPONSE — INITIAL PHASEMonetary PolicyFiscal PolicyDecember 1997: Further Measures AnnouncedIMPACT OF THE INITIAL POLICY RESPONSECHANGE IN POLICY RESPONSEMonetary Policy LoosenedExpansionary Fiscal PolicyFinancial Sector Restructuring9DanahartaDanamodalCorporate Debt Restructuring Committee (CDRC)Merger Programme for Banking InstitutionsTHE PRICE OF CAPITAL CONTROLRECOVERYCONCLUSIONReferences

Suggested Citation

  • Mohamed Ariff & Michael Meow-Chung Yap, 2001. "Malaysia – Financial Crisis In Malaysia," World Scientific Book Chapters, in: Tzong-Shian Yu & Dianqing Xu (ed.), From Crisis To Recovery East Asia Rising Again?, chapter 9, pages 305-345, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812810496_0009
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    Cited by:

    1. Meng-Wai Lee & Michael Meow-Chung Yap & Kim-Leng Goh, 2022. "Malaysian Domestic Bond Market Experience:Lessons for Emerging Economies," Capital Markets Review, Malaysian Finance Association, vol. 30(2), pages 1-18.
    2. Meng-Wai Lee & Kim-Leng Goh & Michael Meow-Chung Yap, 2019. "The Malaysian Domestic Bond Market: Growing into its Rightful Role," Capital Markets Review, Malaysian Finance Association, vol. 27(1), pages 34-52.

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