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 a...
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my.umk.eprints.85192022-05-23T10:36:17Z http://discol.umk.edu.my/id/eprint/8519/ The asian economic crisis and Malaysia’s responses: implications for the banking sector Balakrishnan Parasuraman Beatrice Lim Fumitaka Furuoka Catherine Jikunan 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 Link 2013 Book Section NonPeerReviewed Balakrishnan Parasuraman and Beatrice Lim and Fumitaka Furuoka and Catherine Jikunan (2013) The asian economic crisis and Malaysia’s responses: implications for the banking sector. In: Recession and Its Aftermath Adjustments in the United States, Australia, and the Emerging Asia. Springer Link, pp. 157-177. ISBN 9788132205319 http://link.springer.com/chapter/10.1007%2F978-81-322-0532-6_8#page-1 |
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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. |
format |
Book Section |
author |
Balakrishnan Parasuraman Beatrice Lim Fumitaka Furuoka Catherine Jikunan |
spellingShingle |
Balakrishnan Parasuraman Beatrice Lim Fumitaka Furuoka Catherine Jikunan The asian economic crisis and Malaysia’s responses: implications for the banking sector |
author_facet |
Balakrishnan Parasuraman Beatrice Lim Fumitaka Furuoka Catherine Jikunan |
author_sort |
Balakrishnan Parasuraman |
title |
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_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_sort |
asian economic crisis and malaysia’s responses: implications for the banking sector |
publisher |
Springer Link |
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2013 |
url |
http://discol.umk.edu.my/id/eprint/8519/ http://link.springer.com/chapter/10.1007%2F978-81-322-0532-6_8#page-1 |
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