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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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Main Authors: Balakrishnan Parasuraman, Beatrice Lim, Fumitaka Furuoka, Catherine Jikunan
Format: Book Section
Published: Springer Link 2013
Online Access: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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spelling 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
institution Universiti Malaysia Kelantan
building Perpustakaan Universiti Malaysia Kelantan
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Kelantan
content_source UMK Institutional Repository
url_provider http://umkeprints.umk.edu.my/
description 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
publishDate 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
_version_ 1763303995881816064
score 13.209306

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