Sustainability of External Imbalances: The Case of Malaysia
The understanding of the sustainable external imbalances over the 1961-2001 for Malaysia is presented in this paper. The empirical results clearly show that inflows and outflows share a common stochastic trend prior to the 1997 Asian crisis while in the post-crisis period the current account surplus...
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Main Authors: | , |
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Format: | E-Article |
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World Scientific
2003
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Online Access: | http://ir.unimas.my/id/eprint/17826/ http://www.worldscientific.com/doi/abs/10.1142/S0217590803000591 |
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