Financial Liberalization and Its Impact on Domestic Stabilization Policies : : Singapore and Malaysia / / Emil-Maria Claassen.

Full convertibility on the capital account brings with it the danger of real appreciation of the domestic currency as a consequence of additonal net capital imports. The real appreciation, in its turn, disfavours exports. At the end of the 1970s, Singapore and Malaysia had liberalized almost complet...

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Superior document:Title is part of eBook package: De Gruyter Asian Studies Archive (pre 2000) eBook Package
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Place / Publishing House:Singapore : : ISEAS Publishing, , [1992]
©1992
Year of Publication:1992
Language:English
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Physical Description:1 online resource (36 p.)
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