The Asian economic crisis and Malaysia's responses: Implications for the banking sector

The economic meltdown began in Thailand in July 1997 and spread to other countries in the region, such as Malaysia, Indonesia, the Philippines, and South Korea. This phenomenon was later called the contagion effect. To improve economic foundations, Thailand, Indonesia, and South Korea decided to ask...

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Main Authors: Balakrishnan Parasuraman, Lim, Beatrice, Furuoka, Fumitaka, Catherine Jikunan, Lomay Chiun
Format: Chapter In Book
Language:English
Published: Springer India 2013
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/20186/1/The%20Asian%20economic%20crisis%20and%20Malaysia.pdf
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author Balakrishnan Parasuraman
Lim, Beatrice
Furuoka, Fumitaka
Catherine Jikunan
Lomay Chiun
author_facet Balakrishnan Parasuraman
Lim, Beatrice
Furuoka, Fumitaka
Catherine Jikunan
Lomay Chiun
author_sort Balakrishnan Parasuraman
collection UMS
description The economic meltdown began in Thailand in July 1997 and spread to other countries in the region, such as Malaysia, Indonesia, the Philippines, and South Korea. This phenomenon was later called the contagion effect. To improve economic foundations, Thailand, Indonesia, and South Korea decided to ask for and received rescue packages from the International Monetary Fund (IMF). However, as the IMF's conditions were very strict, some experts doubted the validity of the IMF's policies.
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spelling ums.eprints-201862018-06-20T00:53:35Z https://eprints.ums.edu.my/id/eprint/20186/ The Asian economic crisis and Malaysia's responses: Implications for the banking sector Balakrishnan Parasuraman Lim, Beatrice Furuoka, Fumitaka Catherine Jikunan Lomay Chiun HG Finance The economic meltdown began in Thailand in July 1997 and spread to other countries in the region, such as Malaysia, Indonesia, the Philippines, and South Korea. This phenomenon was later called the contagion effect. To improve economic foundations, Thailand, Indonesia, and South Korea decided to ask for and received rescue packages from the International Monetary Fund (IMF). However, as the IMF's conditions were very strict, some experts doubted the validity of the IMF's policies. Springer India 2013-08 Chapter In Book NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/20186/1/The%20Asian%20economic%20crisis%20and%20Malaysia.pdf Balakrishnan Parasuraman and Lim, Beatrice and Furuoka, Fumitaka and Catherine Jikunan and Lomay Chiun (2013) The Asian economic crisis and Malaysia's responses: Implications for the banking sector. Recession and Its Aftermath: Adjustments in the United States, Australia, and the Emerging Asia. pp. 157-177. ISSN 978-813220532-6 https://doi.org/10.1007/978-81-322-0532-6_8
spellingShingle HG Finance
Balakrishnan Parasuraman
Lim, Beatrice
Furuoka, Fumitaka
Catherine Jikunan
Lomay Chiun
The Asian economic crisis and Malaysia's responses: Implications for the banking sector
title The Asian economic crisis and Malaysia's responses: Implications for the banking sector
title_full The Asian economic crisis and Malaysia's responses: Implications for the banking sector
title_fullStr The Asian economic crisis and Malaysia's responses: Implications for the banking sector
title_full_unstemmed The Asian economic crisis and Malaysia's responses: Implications for the banking sector
title_short The Asian economic crisis and Malaysia's responses: Implications for the banking sector
title_sort asian economic crisis and malaysia s responses implications for the banking sector
topic HG Finance
url https://eprints.ums.edu.my/id/eprint/20186/1/The%20Asian%20economic%20crisis%20and%20Malaysia.pdf
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