Book review: "Crisis and Recovery in Malaysia; the role of capital controls" by P. Athukorala. Cheltenham, UK, Elgar, 2001. ISBN: 1-8406-462-17

Journal Contribution ResearchOnline@JCU
Thirumaran, Kailasam
K. Thirumaran
Abstract

[Extract] Authukorala posits that Malaysia's financial crisis stemmed from its dependence on portfolio investments and a 'considerable build-up of short-term borrowing' (p.3). Interspersed occasionally with political commentary on the crisis period, this book illustrates the successful use of capital controls to tame the recession and turn the economy around.

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Journal of the Humanities and Social Sciences of Southeast Asia

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160

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2213-4379

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1

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3

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Publisher

Brill

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