Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries

The purpose of this dissertation is to investigate the relationship between Malaysian fixed exchange rates regime (1998-2005) and its foreign direct investment inflows. This study attempts to study the impact of a currency depreciation or devaluation (specifically in Malaysia case) and the flows of...

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Main Author:	Nurul Salizawatee, Mahpar
Format:	Thesis
Language:	eng eng
Published:	2008
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/295/1/Nurul_Salizawatee_Bt._Mahpar.pdf https://etd.uum.edu.my/295/2/Nurul_Salizawatee_Bt._Mahpar.pdf
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id	my-uum-etd.295
record_format	uketd_dc
spelling	my-uum-etd.2952013-07-24T12:06:33Z Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries 2008 Nurul Salizawatee, Mahpar College of Business (COB) Graduate School HG Finance The purpose of this dissertation is to investigate the relationship between Malaysian fixed exchange rates regime (1998-2005) and its foreign direct investment inflows. This study attempts to study the impact of a currency depreciation or devaluation (specifically in Malaysia case) and the flows of Malaysia foreign direct investment in the period of currency crisis (1998-2005) which Malaysian Ringgit had been pegged with RM 3.80/USD. Focus of this study will look at the Malaysia flows of foreign direct investment from Northeast Asian countries especially from Japan, South Korea, Hong Kong, and Taiwan over the pegging period of 1998-2005. This study will look at the inflows of foreign direct investment from those countries to see the effect of currency devaluation to the foreign direct investments inflows to Malaysia. In order to obtain the relationship between exchange rates and foreign direct investment, the Multiple Regression Analysis (MRA) method has been used. Results from the analysis suggest that Malaysian fixed exchange rates regime for the period of 1998-2005 does not have a significant relationship to its foreign direct investment inflows from Northeast Asian countries. However, results for control variables such as labor cost, interest rate, and GDP of Northeast Asian countries as well as Malaysia do have a significant impact to the inflows of Malaysian foreign direct investment. Under the fixed exchange rate policy, Malaysia was able to sustain and attract inward foreign investment due to the lower costs of production compared to others affected countries. Due to this, the policy helped so much to ensure Malaysia competitiveness is lasting even under the crisis pressures. 2008 Thesis https://etd.uum.edu.my/295/ https://etd.uum.edu.my/295/1/Nurul_Salizawatee_Bt._Mahpar.pdf application/pdf eng validuser https://etd.uum.edu.my/295/2/Nurul_Salizawatee_Bt._Mahpar.pdf application/pdf eng public masters masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
topic	HG Finance
spellingShingle	HG Finance Nurul Salizawatee, Mahpar Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries
description	The purpose of this dissertation is to investigate the relationship between Malaysian fixed exchange rates regime (1998-2005) and its foreign direct investment inflows. This study attempts to study the impact of a currency depreciation or devaluation (specifically in Malaysia case) and the flows of Malaysia foreign direct investment in the period of currency crisis (1998-2005) which Malaysian Ringgit had been pegged with RM 3.80/USD. Focus of this study will look at the Malaysia flows of foreign direct investment from Northeast Asian countries especially from Japan, South Korea, Hong Kong, and Taiwan over the pegging period of 1998-2005. This study will look at the inflows of foreign direct investment from those countries to see the effect of currency devaluation to the foreign direct investments inflows to Malaysia. In order to obtain the relationship between exchange rates and foreign direct investment, the Multiple Regression Analysis (MRA) method has been used. Results from the analysis suggest that Malaysian fixed exchange rates regime for the period of 1998-2005 does not have a significant relationship to its foreign direct investment inflows from Northeast Asian countries. However, results for control variables such as labor cost, interest rate, and GDP of Northeast Asian countries as well as Malaysia do have a significant impact to the inflows of Malaysian foreign direct investment. Under the fixed exchange rate policy, Malaysia was able to sustain and attract inward foreign investment due to the lower costs of production compared to others affected countries. Due to this, the policy helped so much to ensure Malaysia competitiveness is lasting even under the crisis pressures.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Nurul Salizawatee, Mahpar
author_facet	Nurul Salizawatee, Mahpar
author_sort	Nurul Salizawatee, Mahpar
title	Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries
title_short	Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries
title_full	Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries
title_fullStr	Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries
title_full_unstemmed	Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries
title_sort	malaysian foreign direct investment flows under fixed exchange rates system (1998-2005) the case of fdi inflows from northeast asia countries
granting_institution	Universiti Utara Malaysia
granting_department	College of Business (COB)
publishDate	2008
url	https://etd.uum.edu.my/295/1/Nurul_Salizawatee_Bt._Mahpar.pdf https://etd.uum.edu.my/295/2/Nurul_Salizawatee_Bt._Mahpar.pdf
_version_	1747826881619558400

Malaysian Foreign Direct Investment Flows Under Fixed Exchange Rates System (1998-2005) The Case Of FDI Inflows From Northeast Asia Countries

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