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ZUBAIR HASAN∗. This paper argues that the 1997-98 financial crisis did not hit Malaysia because the economic fundamentals of the country were weak. It was the result of massive unpredictable flight of short-term portfolio investment from the region including Malaysia.
One of the most significant events in the history of the Malaysian economy was the Asian financial crisis, which caused Malaysia's GDP to shrink from US$100.8 billion in 1996 to US$72.2 billion in 1998.
31 sty 2005 · Abstract and Figures. Unlike the other East Asian economies which sought IMF emergency credit facilities after borrowing heavily from abroad, the Malaysian authorities simply never had to go to...
19 maj 2020 · Bermula 1 September 1998, Malaysia telah melaksanakan kawalan modal dengan mengehadkan pembelian aset-aset kewangan di Malaysia. Simpanan Ringgit yang berada diluar negara pula dibekukan untuk mengelak spekulasi berpanjangan. Pada 2 September, nilai matawang Ringgit telah ditambat kepada RM3.80 untuk setiap dolar Amerika.
Pada bulan Mei 1999, wakil Kementerian Kewangan dan Bank Negara Malaysia, termasuk Menteri Kewangan, Tun Daim Zainuddin dan Timbalan Gabenor Dr Zeti Akhtar Aziz telah ke Amerika Syarikat untuk berkongsi pengalaman Malaysia seiring terbitan Bon Global Malaysia bernilai USD1 bilion.
The Malaysian economy contracted by nearly 7 percent in 1998, recovered to 8 percent growth in 2000, slipped again to under 1 percent in 2001 and has since stabilized at between 4 and 5 percent growth in 2002-04.
Bagi keseluruhan tahun 1998, adalah dianggarkan lebihan sekurang-kurangnya RM20 bilion (7.7% daripada KNK) dapat dicapai. Ini adalah perkembangan yang menggalakkan apabila dibandingkan dengan defisit sebanyak RM14 1 bilion (5.4% daripada KNI<) pada tahun 1997.
