Malaysian "bail Outs"?

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As Malaysia's government responded to the 1997-98 financial crisis, the global financial community criticised its measures as bail outs for politically-influential corporate interests. This book examines the Asian crisis and government policy responses, with emphasis on capital controls as well as corporate, bank and debt restructuring the other East Asian economies hit by the crisis, fluctuations in foreign bank borrowings in Malaysia have been less ... by increased inflows of portfolio capital, mainly to invest in the booming stock market accompanying the decade longanbsp;...

Title:Malaysian "bail Outs"?
Author:Sook Ching Wong, Jomo Kwame Sundaram, Kok Fay Chin
Publisher:NUS Press - 2005-01


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