Why are there differences in the resilience of Malaysia and Taiwan to financial crisis?

Kok Fay Chin, Kristen Nordhaug

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

The article compares the development of the financial system and reform in Malaysia and Taiwan in relation to their capability to weather the 1997 financial crisis. It is argued that their differing performances during the crisis should be explained in terms of their ability to supplement the reform of financial system with prudent regulation. These policy differences are explained in terms of institutionalised commitment to the promotion of economic transformation and economic security in the two countries.

Original languageEnglish
Pages (from-to)77-100
Number of pages24
JournalEuropean Journal of Development Research
Volume14
Issue number1
Publication statusPublished - 2002

Fingerprint

financial system
financial crisis
resilience
Malaysia
Taiwan
financial reform
economics
supplement
promotion
commitment
weather
regulation
reform
ability
performance
policy

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development

Cite this

Why are there differences in the resilience of Malaysia and Taiwan to financial crisis? / Chin, Kok Fay; Nordhaug, Kristen.

In: European Journal of Development Research, Vol. 14, No. 1, 2002, p. 77-100.

Research output: Contribution to journalArticle

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