Sustainability of External Imbalances: The Case of Malaysia
The understanding of the sustainable external imbalances over the 1961-2001 for Malaysia is presented in this paper. The empirical results clearly show that inflows and outflows share a common stochastic trend prior to the 1997 Asian crisis while in the post-crisis period the current account surplus...
| Main Authors: | , |
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| Format: | Article |
| Published: |
World Scientific
2003
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/17826/ |