Third World Central Banks
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This paper examines the role of Bank Negara, the Central Bank of Malaysia and how it effectively controlled and fought inflation forces during the recent Asian financial crisis. The paper also looks at the reasons why Bank Negara is the only truly functioning banking system in the whole of Southeast Asia.
From the Paper:"Malaysia is an emerging nation from its British Colonial roots into the new "global economy," with perhaps the best position for sound economic growth of any nation in the world including the United States. In comparison, of course one must take into account the vast and varied aspects of the U. S. economy in relationship to the more limited Malay economy."
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Third World Central Banks (2006, May 24) Retrieved February 26, 2020, from https://www.academon.com/essay/third-world-central-banks-65955/
"Third World Central Banks" 24 May 2006. Web. 26 February. 2020. <https://www.academon.com/essay/third-world-central-banks-65955/>