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Financial Development and Economic Growth in Malaysia (Paperback) Loot Price: R1,353
Discovery Miles 13 530
Financial Development and Economic Growth in Malaysia (Paperback): James B. Ang

Financial Development and Economic Growth in Malaysia (Paperback)

James B. Ang

Series: Routledge Studies in the Growth Economies of Asia

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Loot Price R1,353 Discovery Miles 13 530 | Repayment Terms: R127 pm x 12*

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This book is concerned with the role of financial intermediation in economic development and growth in the context of Malaysia. Using an analytical framework, the author investigates the Malaysian economy from 1960 onwards to examine how far financial development has progressed in the course of economic development, and whether it has been instrumental in promoting economic growth.

A significant improvement in the Malaysian financial system, coupled with rapid economic growth and a rich history of financial sector reforms, makes Malaysia an interesting case study for this subject. The author shows that some government interventions seem to have impacted negatively on economic growth, whereas repressionist financial policies such as interest rate controls, high reserve requirements and directed credit programmes seem to have contributed positively to financial development. The analysis concludes that financial development leads to higher output growth via promoting private saving and private investment.

Shedding light on the evolutionary role of financial system and the interacting mechanisms between financial development and economic growth, this book will be of interest to those interested in economic and financial development, financial liberalization, saving behaviour and investment analysis and Asian Studies.

General

Imprint: Routledge
Country of origin: United Kingdom
Series: Routledge Studies in the Growth Economies of Asia
Release date: August 2010
First published: 2009
Authors: James B. Ang
Dimensions: 234 x 156 x 19mm (L x W x T)
Format: Paperback
Pages: 214
ISBN-13: 978-0-415-59615-2
Categories: Books > Business & Economics > Economics > Development economics
Books > Business & Economics > Business & management > International business
Books > Business & Economics > Economics > International economics > General
Books > Business & Economics > Finance & accounting > Finance > General
Books > Money & Finance > General
LSN: 0-415-59615-7
Barcode: 9780415596152

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