Exchange Rate Shocks and the Effectiveness of Macroeconomic Policies in Malaysia

• Main Author: Aliasuddin
• Format: Thesis
• Language: English; English
• Published: 2009
• Subjects: Foreign exchange rates - Malaysia - Case studies
• Online Access: http://psasir.upm.edu.my/id/eprint/8332/1/FEP_2009_2_IR.pdf; http://psasir.upm.edu.my/id/eprint/8332/
• Institution: Universiti Putra Malaysia

The 1997-1998 financial crises had significantly affected the East Asian countries including Malaysia. The economic growth during the crises was very low and several quarters experienced negative growth compared to the pre--crisis period. The slower economic growth caused lower income and higher...