Financial Development and Economic Growth in Malaysia

Business & Finance, Economics, International Economics, International, Finance & Investing, Finance
Cover of the book Financial Development and Economic Growth in Malaysia by James B. Ang, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: James B. Ang ISBN: 9781134035106
Publisher: Taylor and Francis Publication: November 25, 2008
Imprint: Routledge Language: English
Author: James B. Ang
ISBN: 9781134035106
Publisher: Taylor and Francis
Publication: November 25, 2008
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book The Dark Side of Social Media by James B. Ang
Cover of the book Philosophies of India by James B. Ang
Cover of the book Shakespeare's Early Tragedies by James B. Ang
Cover of the book Population and Development by James B. Ang
Cover of the book An Introduction to Population Geographies by James B. Ang
Cover of the book Sexuality in Close Relationships by James B. Ang
Cover of the book Lithuanian Dictionary by James B. Ang
Cover of the book Social Stratification in Poland: Eight Empirical Studies by James B. Ang
Cover of the book The Philippines by James B. Ang
Cover of the book The Provocation of the Senses in Contemporary Theatre by James B. Ang
Cover of the book Cultural Populism by James B. Ang
Cover of the book Critical Conversations in Philosophy of Education by James B. Ang
Cover of the book Transgender Identities (Open Access) by James B. Ang
Cover of the book Beyond Market Access for Economic Development by James B. Ang
Cover of the book Publishing as a Vocation by James B. Ang
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy