Balance of Payments an Aspect of Macroeconomic Management : A Case Study of Malaysia in the Eighties and Nineties
This study focuses on recent trends in the Malaysia’s Balance of Payments and their implications. A comparison of current account deficits between the period within the 5th and 6th Malaysia Plans has been made. The main balance of payments issues of the late eighties and the nineties have been di...
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Format: | Thesis |
Language: | English English |
Published: |
1998
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Online Access: | http://etd.uum.edu.my/414/1/CHANDRAN_AL_KRISHNAN_NAIR_-_abalance_of_payments_-_An_aspects_of_macroeconomic_management.pdf http://etd.uum.edu.my/414/2/1.CHANDRAN_AL_KRISHNAN_NAIR_-_abalance_of_payments_-_An_aspects_of_macroeconomic_management.pdf http://etd.uum.edu.my/414/ |
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Summary: | This study focuses on recent trends in the Malaysia’s Balance of Payments and their implications. A comparison of current account deficits
between the period within the 5th and 6th Malaysia Plans has been made. The
main balance of payments issues of the late eighties and the nineties have
been discussed while emphasizing the declining competitiveness of
Malaysia’s traditional exports, the high import content in both consumption
and development expenditure and continuing high invisible payments abroad.
The export trend is thoroughly examined. Finally, some recommendations to
reverse the current account deficit are made in which the major ones include
greater fiscal discipline, export productivity enhancement, more aggressive
marketing strategies and measures to counter the currency crisis.
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