This work examines the effects of financial liberalization of the more advanced economies in Southeast Asia and analyses the degree to which emerging and transitional economies in East and South Asia can benefit from this example.Date of reforms Liberalization policy implemented A new banking act (BAFIA) passed to consolidate all amendments. 1985-86 Recession ... 1989 Mutual double listing of capital securities in Singapore and Malaysia ceased. 1990 Capital ... 1990 (April) Curbs on consumer credits for vehicles (75%-only rule) and credit cards (RM 24 000 annual income; age limit 21; and 10% minimum repayment. 1991-92anbsp;...
|Title||:||Liberalization, Growth, and the Asian Financial Crisis|
|Author||:||Mohamed Ariff, Ahmed M. Khalid|
|Publisher||:||Edward Elgar Publishing - 2000-01-01|