Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties
This study focuses on recent trends in the Malaysia’s Balance of Payments and their implications. A comparison of current account deficits between the period within the 5th and 6th Malaysia Plans has been made. The main balance of payments issues of the late eighties and the nineties have been di...
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1998
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HG Finance Chandran, Krishnan Nair Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties |
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This study focuses on recent trends in the Malaysia’s Balance of Payments and their implications. A comparison of current account deficits
between the period within the 5th and 6th Malaysia Plans has been made. The
main balance of payments issues of the late eighties and the nineties have
been discussed while emphasizing the declining competitiveness of
Malaysia’s traditional exports, the high import content in both consumption
and development expenditure and continuing high invisible payments abroad.
The export trend is thoroughly examined. Finally, some recommendations to
reverse the current account deficit are made in which the major ones include
greater fiscal discipline, export productivity enhancement, more aggressive
marketing strategies and measures to counter the currency crisis.
|
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Thesis |
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Master's degree |
author |
Chandran, Krishnan Nair |
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Chandran, Krishnan Nair |
author_sort |
Chandran, Krishnan Nair |
title |
Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties |
title_short |
Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties |
title_full |
Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties |
title_fullStr |
Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties |
title_full_unstemmed |
Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties |
title_sort |
balance of payments an aspect of macroeconomic management : a case study of malaysia in the eighties and nineties |
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Universiti Utara Malaysia |
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Sekolah Siswazah |
publishDate |
1998 |
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https://etd.uum.edu.my/414/1/CHANDRAN_AL_KRISHNAN_NAIR_-_abalance_of_payments_-_An_aspects_of_macroeconomic_management.pdf https://etd.uum.edu.my/414/2/1.CHANDRAN_AL_KRISHNAN_NAIR_-_abalance_of_payments_-_An_aspects_of_macroeconomic_management.pdf |
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my-uum-etd.4142013-07-24T12:07:09Z Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties 1998-10-01 Chandran, Krishnan Nair Sekolah Siswazah Graduate School HG Finance This study focuses on recent trends in the Malaysia’s Balance of Payments and their implications. A comparison of current account deficits between the period within the 5th and 6th Malaysia Plans has been made. The main balance of payments issues of the late eighties and the nineties have been discussed while emphasizing the declining competitiveness of Malaysia’s traditional exports, the high import content in both consumption and development expenditure and continuing high invisible payments abroad. The export trend is thoroughly examined. Finally, some recommendations to reverse the current account deficit are made in which the major ones include greater fiscal discipline, export productivity enhancement, more aggressive marketing strategies and measures to counter the currency crisis. 1998-10 Thesis https://etd.uum.edu.my/414/ https://etd.uum.edu.my/414/1/CHANDRAN_AL_KRISHNAN_NAIR_-_abalance_of_payments_-_An_aspects_of_macroeconomic_management.pdf application/pdf eng validuser https://etd.uum.edu.my/414/2/1.CHANDRAN_AL_KRISHNAN_NAIR_-_abalance_of_payments_-_An_aspects_of_macroeconomic_management.pdf application/pdf eng public masters masters Universiti Utara Malaysia Adams, F.G. et al. (1969), An Econometric Analysis of International Trade OECD, Paris Akhtar M. (1978), Government Deficits and the Inflationary Process In Developing Countries, IMF StafPapers, vol. 25, September, pp.383-416. Alawode, A.A. et al. (1997), Some criticisme of the monetary approach to the Balance of Payment. 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(1997), The Monetary to Balance of Payments Theory and Policy : Explanation and Policy Implications, Economica, August. Frenkel J. and Johnson H. (1976), The Monetary Approach of the Balance of Payments, Allen and Unwin, London, pp. 21-45. Ghazali, N.A, (1998), BOP and Exchange Rate Movement, A synthesis of the Ringgit Turmoil? Department of Finance, Universiti Kebangsaan Malaysia, Kuala Lumpur. Krugman, Paul, (1998), What happened to Asia? Available on-line at http://web.mit.edu/krugman/www/DlSINTERI.html Katseli, L.T (1987), Effectiveness of Discrete Devaluation in Balance of Payments Adjustment, Center for Economic Policy Research Discussion Paper, August. Kemp D. (1975), A Monetary View of the Balance of Payments, Federal Reserve Bank of St. Louis Review, April, pp. 14-22. Krueger, A. (1969), Balance of Payments Theory, Journal of Economic Literature, March. Lin, See Yan, (1997), Lest we forget... What is right about Malaysia? The Star, Dec 31 Loria, E and Fujii, G (1997), The Balance of Payment Constraint to Mexico's Economic Growth 1950 - 1996, Canadian Journal of Development Studies, pp. 119-137. Malaysian Institute Of Economic Research (1998), Malaysian Economic Outlook, 1st and 2nd Quarter Update 1998-1999, Kuala Lumpur. Manzetti, L (1991), The International Monetary Fund and Economic stabilization : The Argentine case, Greenwood and Praeger, Westport and London. Minsky, H (1993), The Non-Neutrality of Money, Federal Reserve Bank of New York Quarterly Review, Spring, pp 77-82. Mussa M. (1976), Traffics and the Balance of Payments in Frenkel J. and Johnson H. (Eds) The Monetary Approach to the Balance of Payments, Allen and Unwin, London, pp. 187-221 Overbeek, J (1993), and The modern world economy : Theories and policies, University Press of America, London. 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