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The 1997-98 financial crisis in Malaysia: causes, response, and results – A Rejoinder

  • Hasan, Zubair

This rejoinder refutes the comments of Mohamed Ariff and Faiz Mohammad on the author’s article: The 1997-98 Financial Crisis in Malaysia: Causes, Response, and Results”, published in the Islamic Economic Studies, Vol. 9 No. 2, 2002. My basic difference with the reviewers is this: they maintain that weaknesses of the sort piling up in the economy over the years invited currency attack, while I have reasons to believe that it came to Malaysia independently of her fundamental, rather eroded them in its aftermath. This rejoinder provides further evidence on why I stick to this position regardless of the reviewers’ comments.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2946.

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Date of creation: 2003
Date of revision:
Publication status: Published in Islamic Economic Studies, IRTI Jeddah 2.10(2003): pp. 45-53
Handle: RePEc:pra:mprapa:2946
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