The Political Economy of Financial Development in Malaysia: From the Asian Crisis to 1MDB

ISBN-13: 9780367684785 / Angielski / Miękka / 2022 / 134 str.

Lena Rethel

Opis

The book provides insight into the financial development in Malaysia and conceptualises it as a political process. It echoes a concern in political economy literature, namely the evolving relationship between states and markets, and the supposed retreat or reassertion of the state at a time of increasing (financial) globalisation.

Recenzje

"This book provides a timely and insightful look at financial development in Malaysia, emphasising how the interplay of political dynamics and financial policymaking and reform ultimately reinforces crony capitalism even while aiming for an inclusive and efficient financial system." - Helen E S Nesadurai, Professor, Monash University Malaysia

Spis treści

1. Introduction  2. The Politics of Financial Development  3. The Evolution of Malaysian Capitalism and Financial Policymaking  4. Financial Modernisation and Banking Reform  5. Financial Deepening and the Development of the Capital Market  6. Concluding Remarks

O autorze

Lena Rethel is Associate Professor of International Political Economy at the University of Warwick.