The impact of domestic public debt on financial development in Malaysia
When the government heavily borrows domestically from the banking sector to finance its expenditures, there is possibility that public debt will lead to a crowding out effect on private investment since bank credit is a primary funding source for the private sector. This study examines the linkages...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Macrothink Institute
2015
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/46602/1/The%20impact%20of%20domestic%20public%20debt%20on%20financial%20development%20in%20Malaysia.pdf |