Malaysia: Capital and Control Case solution

In response, the government of Malaysia imposed currency and capital controls on September 1, 1998 to the fiscal crisis that had swept Asia. An enormous controversy was triggered by the managements in the realm of international finance. The managements were observed by some for insulating the Malaysian market from the international financial system that was unstable.Others criticized the managements for immobilizing investors and enabling the authorities to protect the interests of "cronies." This discussion also raised the fundamental question about the future of the international financial architecture: What's the proper balance between authorities discretion and financial market liberty in the direction of the global economy?

This is just an excerpt. This case is about  GLOBAL BUSINESS

PUBLICATION DATE: April 15, 2002 PRODUCT #: 702040-PDF-ENG

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