Malaysian debacle: whose fault?

Article Abstract:

Malaysia enjoyed reasonable macroeconomic strength before the financial crisis broke out in East Asia in Jul 1997. However, financial interests and financial liberalization caused Malaysia's currency to be overvalued, thus bringing negative macroeconomic and developmental trends. Malaysia remains relatively better off than neighbouring East Asian countries also hit by the crisis. In particular, central bank regulation and controlled consolidation of the banking sector have brought benefits.

Economic aspects, Malaysia

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Foreign direct investment and manufacturing for export in a new exporting country: the case of Sri Lanka

Article Abstract:

The effects of export-orient foreign direct investment in a developing country such as Sri Lanka are discussed. It is shown that a favorable investment climate plays a greater role in inducing foreign investment than the implementation by the host country of attractive investment inducements. Furthermore, the success of the investment venture would rely on the stage of industrialization and entrepreneurship.

Case studies, Foreign investments, Exports, Economic policy, Sri Lanka

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