The evolving role of monetary policy in the Malaysian banking system

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In recent years, the Malaysian economy has enjoyed rapid economic growth. An important factor in enabling such growth has been the mobilisation of savings for the financing of investment: this in turn depends upon the existence of an appropriate banking system and a monetary policy which favours development. This paper explores the way in which the commercial banking system in Malaysia has evolved, and the way in which monetary policy has adapted to changing circumstances. An extra dimension has been added to the Malaysian system through the establishment of the Bank Islam Malaysia Berhad, which operates in accordance with Islamic principles. -Authors

Original languageEnglish
Title of host publicationSavings & Development
Pages405-421
Number of pages17
Volume17
Edition4
Publication statusPublished - 1993
Externally publishedYes

Fingerprint

monetary policy
banking
mobilization
economic growth
savings
financing
economy

ASJC Scopus subject areas

  • Earth and Planetary Sciences(all)
  • Environmental Science(all)

Cite this

Ismail, A. G., & Smith, P. (1993). The evolving role of monetary policy in the Malaysian banking system. In Savings & Development (4 ed., Vol. 17, pp. 405-421)

The evolving role of monetary policy in the Malaysian banking system. / Ismail, Abd. Ghafar; Smith, P.

Savings & Development. Vol. 17 4. ed. 1993. p. 405-421.

Research output: Chapter in Book/Report/Conference proceedingChapter

Ismail, AG & Smith, P 1993, The evolving role of monetary policy in the Malaysian banking system. in Savings & Development. 4 edn, vol. 17, pp. 405-421.
Ismail AG, Smith P. The evolving role of monetary policy in the Malaysian banking system. In Savings & Development. 4 ed. Vol. 17. 1993. p. 405-421
Ismail, Abd. Ghafar ; Smith, P. / The evolving role of monetary policy in the Malaysian banking system. Savings & Development. Vol. 17 4. ed. 1993. pp. 405-421
@inbook{89f9ebf46fc549b39b2d887db8fa7c22,
title = "The evolving role of monetary policy in the Malaysian banking system",
abstract = "In recent years, the Malaysian economy has enjoyed rapid economic growth. An important factor in enabling such growth has been the mobilisation of savings for the financing of investment: this in turn depends upon the existence of an appropriate banking system and a monetary policy which favours development. This paper explores the way in which the commercial banking system in Malaysia has evolved, and the way in which monetary policy has adapted to changing circumstances. An extra dimension has been added to the Malaysian system through the establishment of the Bank Islam Malaysia Berhad, which operates in accordance with Islamic principles. -Authors",
author = "Ismail, {Abd. Ghafar} and P. Smith",
year = "1993",
language = "English",
volume = "17",
pages = "405--421",
booktitle = "Savings & Development",
edition = "4",

}

TY - CHAP

T1 - The evolving role of monetary policy in the Malaysian banking system

AU - Ismail, Abd. Ghafar

AU - Smith, P.

PY - 1993

Y1 - 1993

N2 - In recent years, the Malaysian economy has enjoyed rapid economic growth. An important factor in enabling such growth has been the mobilisation of savings for the financing of investment: this in turn depends upon the existence of an appropriate banking system and a monetary policy which favours development. This paper explores the way in which the commercial banking system in Malaysia has evolved, and the way in which monetary policy has adapted to changing circumstances. An extra dimension has been added to the Malaysian system through the establishment of the Bank Islam Malaysia Berhad, which operates in accordance with Islamic principles. -Authors

AB - In recent years, the Malaysian economy has enjoyed rapid economic growth. An important factor in enabling such growth has been the mobilisation of savings for the financing of investment: this in turn depends upon the existence of an appropriate banking system and a monetary policy which favours development. This paper explores the way in which the commercial banking system in Malaysia has evolved, and the way in which monetary policy has adapted to changing circumstances. An extra dimension has been added to the Malaysian system through the establishment of the Bank Islam Malaysia Berhad, which operates in accordance with Islamic principles. -Authors

UR - http://www.scopus.com/inward/record.url?scp=0027864980&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0027864980&partnerID=8YFLogxK

M3 - Chapter

VL - 17

SP - 405

EP - 421

BT - Savings & Development

ER -