The 1997-98 financial crisis in Malaysia: causes, response, and results – A Rejoinder

Zubair Hasan

MPRA Paper from University Library of Munich, Germany

Abstract: This rejoinder refutes the comments of Mohamed Ariff and Faiz Mohammad on the author’s article: The 1997-98 Financial Crisis in Malaysia: Causes, Response, and Results”, published in the Islamic Economic Studies, Vol. 9 No. 2, 2002. My basic difference with the reviewers is this: they maintain that weaknesses of the sort piling up in the economy over the years invited currency attack, while I have reasons to believe that it came to Malaysia independently of her fundamental, rather eroded them in its aftermath. This rejoinder provides further evidence on why I stick to this position regardless of the reviewers’ comments.

Keywords: Financial; crisis; Malaysia (search for similar items in EconPapers)
JEL-codes: F31 F39 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (4)

Published in Islamic Economic Studies, IRTI Jeddah 2.10(2003): pp. 45-53

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Related works:
Journal Article: THE 1997-98 FINANCIAL CRISIS IN MALAYSIA: CAUSES, RESPONSE, AND RESULTS − A REJOINDER (2003)
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