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Full-Text Articles in International Economics
Editor's Note, Padraig O'Malley
Editor's Note, Padraig O'Malley
New England Journal of Public Policy
The editor's note at the beginning of this journal briefly speaks about each article within. The author touches upon learning, the challenges to an education, the effects of the growth of technology, how world politics interfere with economy, and how employment is affected by technology.
Malaysia In The Global Economy: Crisis, Recovery, And The Road Ahead, Daniel E. Charette
Malaysia In The Global Economy: Crisis, Recovery, And The Road Ahead, Daniel E. Charette
New England Journal of Public Policy
This article offers an analysis of contemporary economic development in Malaysia, focusing especially on the causes and consequences of the 1997 Asian Financial Crisis. Malaysia offers an excellent case study in international development due to its role as an export-dependent developing country with a high degree of integration in the global economy. In attempting to determine why Malaysia was enveloped by a financial crisis in July of 1997, a two-level political economy approach is used to separate international policy influences from domestic influences. My findings suggest that a combination of ill-advised, full capital account liberalization (Washington Consensus / international influence) …