Cargando…
What's driving private investment in Malaysia? : aggregate trends and firm-level evidence /
Private sector investment has been a key source of growth in Malaysia over the last three decades, but after an unprecedented decline in the wake of the Asian crisis it has remained sluggish in recent years. Using aggregate and firm-level data, this paper aims to explain these trends and their impli...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, Asia and Pacific Dept.,
[2006]
|
| Colección: | IMF working paper ;
WP/06/190. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Private sector investment has been a key source of growth in Malaysia over the last three decades, but after an unprecedented decline in the wake of the Asian crisis it has remained sluggish in recent years. Using aggregate and firm-level data, this paper aims to explain these trends and their implications for Malaysia's investment and growth outlook. Aggregate data point to sustained overinvestment in the years prior to the Asian crisis and the role of shifts in investor perceptions as important determinants of the recent decline in private investment. Meanwhile, firm-level data suggest that low profitability, along with financing constraints affecting smaller firms and those in the services sector, has also been important. |
|---|---|
| Notas: | Title from pdf title page (viewed October 5, 2007). "August 2006." |
| Descripción Física: | 1 online resource (26 pages) |
| Bibliografía: | Includes bibliographical references (pages 25-26). |
| ISBN: | 1283518996 9781283518994 9781451990157 1451990154 1462322557 9781462322558 1451998430 9781451998436 9786613831446 6613831441 |