Capital account liberalization and economic performance in Malaysia
This study examines the impact of capital account liberalization on economic growth in Malaysia from 1970 to 2004. It uses two measures of capital account openness, namely de jure (an index of liberalization) and de facto (the volume of capital flows). The empirical results based on the modified gro...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
World Scientific Publishing
2013
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Online Access: | http://psasir.upm.edu.my/id/eprint/28314/1/Capital%20account%20liberalization%20and%20economic%20performance%20in%20Malaysia.pdf |