The Malaysian Capital Controls: A Success Story?
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Prema-chandra Athukorala, 2008. "The Malaysian Capital Controls: A Success Story?," Asian Economic Papers, MIT Press, vol. 7(1), pages 31-74, Winter.
References listed on IDEAS
- Prema-chandra Athukorala, 2001. "Crisis and Recovery in Malaysia," Books, Edward Elgar Publishing, number 2340.
- Edwards, Sebastian & Frankel, Jeffrey A. (ed.), 2002. "Preventing Currency Crises in Emerging Markets," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226184944, April.
- Prema‐chandra Athukorala & Peter G. Warr, 2002. "Vulnerability to a Currency Crisis: Lessons from the Asian Experience," The World Economy, Wiley Blackwell, vol. 25(1), pages 33-57, January.
- Hali J. Edison & Carmen M. Reinhart, 1999.
"Capital controls during financial crises: the cases of Malaysia and Thailand,"
Proceedings, Federal Reserve Bank of San Francisco, issue Sep, pages 1-36.
- Hali J. Edison & Carmen M. Reinhart, 2000. "Capital controls during financial crises: the case of Malaysia and Thailand," International Finance Discussion Papers 662, Board of Governors of the Federal Reserve System (U.S.).
- Reinhart, Carmen & Edison, Hali, 2001. "Capital controls during financial crises: The case of Malaysia and Thailand," MPRA Paper 13903, University Library of Munich, Germany.
- Steven Radelet & Jeffrey D. Sachs, 1998. "The East Asian Financial Crisis: Diagnosis, Remedies, Prospects," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(1), pages 1-90.
- Miller, Merton H., 2000. "Reflections of a retiring Keynote Speaker," Pacific-Basin Finance Journal, Elsevier, vol. 8(3-4), pages 277-283, July.
- Stephan Haggard, 2000. "Political Economy of the Asian Financial Crisis, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 107.
- Richard N. Cooper, 1999. "Should Capital Controls be Banished?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 30(1), pages 89-142.
- Prema-chandra Athukorala, 2007. "Multinational Enterprises in Asian Development," Books, Edward Elgar Publishing, number 12632.
- Sebastian Edwards & Jeffrey A. Frankel, 2002. "Preventing Currency Crises in Emerging Markets," NBER Books, National Bureau of Economic Research, Inc, number edwa02-2.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Chokri Zehri, 2022. "Conditions for the success of capital controls: The elasticity approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 893-910, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Anita Doraisami, 2004. "From crisis to recovery: the motivations for and effects of Malaysian capital controls," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(2), pages 241-254.
- Mardi Dungey & Rene Fry & Vance L. Martin, 2006. "Correlation, Contagion, and Asian Evidence," Asian Economic Papers, MIT Press, vol. 5(2), pages 32-72, Spring/Su.
- Glick, Reuven & Hutchison, Michael, 2011.
"The illusive quest: Do international capital controls contribute to currency stability?,"
International Review of Economics & Finance, Elsevier, vol. 20(1), pages 59-70, January.
- Reuven Glick & Michael M. Hutchison, 2010. "The illusive quest: do international capital controls contribute to currency stability?," Working Paper Series 2010-15, Federal Reserve Bank of San Francisco.
- Athukorala, Prema-Chandra & Jongwanich, Juthathip, 2012.
"How Effective are Capital Controls? Evidence from Malaysia,"
Asian Development Review, Asian Development Bank, vol. 29(2), pages 1-47.
- Prema-Chandra Athukorala & Juthathip Jongwanich, 2012. "How Effective are Capital Controls? Evidence from Malaysia," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 29(02), pages 1-47, December.
- Prema-chandra Athukorala & Juthathip Jongwanich, 2012. "How Effective are Capital Controls? Evidence from Malaysia," Departmental Working Papers 2012-16, The Australian National University, Arndt-Corden Department of Economics.
- Walter, Stefanie, 2008. "A New Approach for Determining Exchange-Rate Level Preferences," International Organization, Cambridge University Press, vol. 62(3), pages 405-438, July.
- Martínez, Juan & Santiso, Javier, 2003. "Financial Markets and Politics: The Confidence Game in Latin American Emerging Economies," MPRA Paper 12909, University Library of Munich, Germany.
- Gerardo Esquivel & Felipe Larraín, 2003. "¿Qué Sabemos Realmente sobre las Crisis Cambiarias?," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(121), pages 656-667.
- Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
- Hal Hill, 2018. "Southeast Asia in the global economy: a selective analytical survey," Departmental Working Papers 2018-12, The Australian National University, Arndt-Corden Department of Economics.
- Bora Durdu & Enrique G. Mendoza, 2004.
"Putting the brakes on Sudden Stops: the financial frictions - moral hazard tradeoff of asset price guarantees,"
Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Enrique G. Mendoza & Ceyhun Bora Durdu, 2004. "Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees," NBER Working Papers 10790, National Bureau of Economic Research, Inc.
- Bora Durdu & Enrique G. Mendoza, 2004. "Putting the brakes on Sudden Stops: the financial frictions-moral hazard tradeoff of asset price guarantees," Working Paper Series 2004-33, Federal Reserve Bank of San Francisco.
- Glick, Reuven & Hutchison, Michael, 2005.
"Capital controls and exchange rate instability in developing economies,"
Journal of International Money and Finance, Elsevier, vol. 24(3), pages 387-412, April.
- Reuven Glick & Michael M. Hutchison, 2002. "Capital controls and exchange rate instability in developing economies," Pacific Basin Working Paper Series 2000-05, Federal Reserve Bank of San Francisco.
- Morris Goldstein, 2017.
"IMF Structural Programs,"
World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 16, pages 553-638,
World Scientific Publishing Co. Pte. Ltd..
- Morris Goldstein & Timothy F. Geithner & Paul Keating & Yung Chul Park, 2003. "IMF Structural Programs," NBER Chapters, in: Economic and Financial Crises in Emerging Market Economies, pages 363-458, National Bureau of Economic Research, Inc.
- Eduardo Levy-Yeyati & Sergio L. Schmukler & Neeltje van Horen, 2010.
"Crises, Capital Controls and Financial Integration,"
Chapters, in: Masahiro Kawai & Mario B. Lamberte (ed.), Managing Capital Flows, chapter 6,
Edward Elgar Publishing.
- Yeyati, Eduardo Levy & Schmukler, Sergio L. & Van Horen, Neeltje, 2008. "Crises, capital controls, and financial integration," Policy Research Working Paper Series 4770, The World Bank.
- Eduardo Yeyati Levy, 2009. "Crises, Capital Controls, and Financial Integration," Working Papers id:2099, eSocialSciences.
- Jeffrey A. Frankel & Shang-Jin Wei, 2004. "Managing Macroeconomic Crises," NBER Working Papers 10907, National Bureau of Economic Research, Inc.
- Nicolas E. Magud & Carmen M. Reinhart & Kenneth S. Rogoff, 2018.
"Capital Controls: Myth and Reality--A Portfolio Balance Approach,"
Annals of Economics and Finance, Society for AEF, vol. 19(1), pages 1-47, May.
- Nicolas E. Magud & Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "Capital Controls: Myth and Reality--A Portfolio Balance Approach," Working Paper Series WP11-7, Peterson Institute for International Economics.
- Nicolas E. Magud & Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "Capital Controls: Myth and Reality - A Portfolio Balance Approach," NBER Working Papers 16805, National Bureau of Economic Research, Inc.
- Nicolas E. Magud & Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "Capital Controls: Myth and Reality--A Portfolio Balance Approach," CEMA Working Papers 608, China Economics and Management Academy, Central University of Finance and Economics.
- Eric Young & Alessandro Rebucci & Christopher Otrok, 2013.
"Capital Controls or Real Exchange Rate Policy? A Pecuniary Externality Perspective,"
2013 Meeting Papers
641, Society for Economic Dynamics.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2013. "Capital Controls or Real Exchange Rate Policy?: A Pecuniary Externality Perspective," IDB Publications (Working Papers) 4246, Inter-American Development Bank.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2013. "Capital Controls or Real Exchange Rate Policy? A Pecuniary Externality Perspective," Research Department Publications IDB-WP-393, Inter-American Development Bank, Research Department.
- Aswicahyono, Haryo & Bird, Kelly & Hill, Hal, 2009. "Making Economic Policy in Weak, Democratic, Post-crisis States: An Indonesian Case Study," World Development, Elsevier, vol. 37(2), pages 354-370, February.
- Barbara Stallings, 2004. "Financial Liberalization, Crisis, and Rescue: Lessons for China from Latin America and East Asia?," IDB Publications (Working Papers) 48078, Inter-American Development Bank.
- Meixing Dai, 2012.
"External Constraint and Financial Crises with Balance Sheet Effects,"
International Economic Journal, Taylor & Francis Journals, vol. 26(4), pages 567-585, March.
- Meixing DAI, 2009. "External constraint and financial crises with balance sheet effects," Working Papers of BETA 2009-02, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Meixing Dai, 2010. "External constraint and financial crises with balance sheet effects," Working Papers of BETA 2010-23, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Dai, Meixing, 2010. "External constraint and financial crises with balance sheet effects," MPRA Paper 21625, University Library of Munich, Germany.
- Julian A. Parra-Polania & Carmiña O. Vargas, 2015.
"Macroprudential vs. Ex-post Policy Interventions: when Domestic Taxes are Relevant for International Lenders,"
Borradores de Economia
12698, Banco de la Republica.
- Julian A. Parra-Polania & Carmiña O. Vargas, 2015. "Macroprudential vs. Ex-post Policy Interventions: when Domestic Taxes are Relevant for International Lenders," Borradores de Economia 879, Banco de la Republica de Colombia.
More about this item
Keywords
Asian financial crisis; Capital controls; Malaysia;All these keywords.
JEL classification:
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2007-08-08 (Business, Economic and Financial History)
- NEP-SEA-2007-08-08 (South East Asia)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pas:papers:2007-07. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prema-chandra Athukorala (email available below). General contact details of provider: https://edirc.repec.org/data/asanuau.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.