From high growth to new growth

Article Abstract:

The Malaysian economy is better positioned than is that of Thailand. Malaysian borrowers use the domestic capital markets more than do their Thai counterparts, with the result that while Thailand's external GDP represents 50% of GDP, Malaysia's external debt represents just 31% of GDP. The Asian economic crisis has brought into question the Malaysian government's desire to change its economy from low-level manufacturing to value-added production and services.

Intnl Economic Policy, Management, Economic aspects, Economic policy, Malaysia, International economic relations, Khazanah Nasional Berhad Holdings

---

Asset price inflation in Asia

Article Abstract:

US Federal Reserve Board Chmn Alan Greenspan has said that the Asian asset markets are irrationally exuberant, which has prompted central bankers in Asia to pay attention to asset price inflation. Asset price inflation in Asia has been exacerbated by a combination of large trade surpluses and open capital accounts. To cope with this problem, central bankers in Asia must overcome their obsession with running up large accumulations of foreign reserves.

Foreign Exchange & Reserves Policy, Central banks, Asia, Foreign exchange reserves

---

Similar abstracts:

• Abstracts: Review of the year. The missing inflation numbers
• Abstracts: Hard times for high rollers. Weather to put the wind up investors. Legal lottery
• Abstracts: New town, new challenges. Great expectations
• Abstracts: A high stakes gamme. The provinces beckon. The challenges ahead
• Abstracts: New Industry.net owners to return to information roots. Verisign's key to change. Reed Elsevier presses on; new name close

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.