The Malaysian Experience in Financial-Economic Crisis Management: An Alternative and Challenge the IMF-style Approach

Khor, Martin

Khor finds that the Malaysian experience shows an alternative to the IMF policy package can and does exist and that it can produce results that are at least as successful. Malaysia adapted to its own peculiar circumstances, the lesson is that countries can and should consider the use of capital controls as part of the array of policy tools available.

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Initiative for Policy Dialogue
Initiative for Policy Dialogue
Initiative for Policy Dialogue Working Paper Series
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February 2, 2010


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