Malaysian Capital Controls

Malaysian authorities implemented controls on international capital flows late in the Asian crisis, when most of the portfolio outflows had already occurred. The exchange rate had depreciated sharply and was fixed at an undervalued level, making fu...

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Bibliographic Details
Main Author:	Hood, Ronald D.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	CAPITAL FLOWS CAPITAL CONTROLS CAPITAL OUTFLOWS EXCHANGE RATE DEPRECIATION CAPITAL FLIGHT FOREIGN DIRECT INVESTMENTS CAPITAL ACCOUNT FINANCIAL CRISES COST-BENEFIT ANALYSIS ADMINISTRATIVE COSTS FINANCIAL REGULATION ADMINISTRATIVE COSTS ARBITRAGE ASYMMETRIC INFORMATION BALANCE OF PAYMENTS BANK NEGARA MALAYSIA BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAWS BANKS BENCHMARK BILLS OF EXCHANGE CAPITAL ADEQUACY CAPITAL GAINS CAPITAL MARKETS CENTRAL BANK COMPLIANCE COSTS CONTROLS CORRESPONDENT BANKS CPI CURRENCY RISK DEBT DEPOSITS DEVALUATION DIRECT INVESTMENT DIVIDEND DISTRIBUTIONS DIVIDENDS ECONOMIC EFFICIENCY ECONOMIC PERFORMANCE EFFECTIVE USE EMERGING MARKETS EXCHANGE CONTROL EXCHANGE CONTROL MEASURES EXCHANGE CONTROLS EXCHANGE RATE EXCHANGE RATE APPRECIATION EXCHANGE RATE FLEXIBILITY EXCHANGE RATE SYSTEMS EXCHANGE RATES EXCHANGE SYSTEMS EXPORTS EXTERNAL ACCOUNTS EXTERNAL DEBT FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL TRANSACTIONS FLEXIBLE EXCHANGE RATES FLOW OF CAPITAL FOREIGN BANKS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE CONTRACTS FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE RISK FOREIGN INVESTMENT FOREIGN INVESTORS GDP GOVERNMENT SECURITIES IMPORTS INCOME INCOME TAXES INFLATION INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL RESERVES LENDING RATES LIQUIDITY LOAN LOSS PROVISIONS LOCAL CURRENCY MERCHANT BANKS MONETARY POLICY NOMINAL EXCHANGE RATES PORTFOLIO RESERVE REQUIREMENT RESERVE REQUIREMENTS RISK PREMIUM SECURITIES SHORT TERM DEBT SOVEREIGN RISK SPECULATION SPECULATORS STABILIZATION SUPERVISORY FRAMEWORK SWAP TRANSACTIONS SWAPS TRADERS TRANSPORT TREASURY UNDERVALUATION VOLATILITY VULNERABILITY WAGES WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2000/01/1000459/malaysian-capital-controls http://hdl.handle.net/10986/15741

Internet

http://documents.worldbank.org/curated/en/2000/01/1000459/malaysian-capital-controls
http://hdl.handle.net/10986/15741

Malaysian Capital Controls

Internet

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