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The New England journal of medicine public policy

Because of the collapse of speeches, "Malaysia's enterprise department of significant experience loss as the bank of wealth collateral real estate and stock price fall and demand. Enterprise income and cash flow declined, leading some enterprise can't theirdebts service." The natural result of 40, in every form of a surge in bad loans. Because the situation of enterprise and the health of the banking sector threat, the government strengthen and create a asset management company Danaharta name. Company business from bank of the biggest and the most difficult for bad loans, and forced the company responsible for the assets liquidation and pay off the debts. By the end of 2003, "Danaharta it seemed that the path to success. It is expected to be able to get 57% of the acquisition and management of the value of the loan, or even a small profit." 41

A complete reform banking system, also need after the crisis. "In order to prevent [system] collapse, all affected countries pay in advance of the crisis into a comprehensive deposit guarantee, and provide liquidity support." But, only Malaysia is to prevent Banks from the success of the financial crisis operation compared to other countries. This could be due to act quickly, Malaysia officials took part in the calm of government support to the capitalization of organization, the Danamodal, in January 1998 to create the bankruptcy of the widespread fear. Even so, the liquidity of the agency provides many additional conditions. "[Danamodal] system, under the condition of more than 70 Banks accept merger wave surged into $1.1 billion speech. Have a problem bank merger for 10 'anchor' Banks and another 20 professional mortgage agencies" upsurge in 43 to Malaysia's capital flows into too much too, heightening the abuse to encourage a more Banks. After the crisis, the spread of bad loans threat these new bank solvency. Malaysia closely monitor the central bank of the integration process and make the final result will be a few large Banks more suitable for international competition. Malaysia's reform of the global market reaction may have more positive, if to the portfolio of capital controls and no money alienated so many investors. "Rating agencies downgraded his sovereign bond spreads up relative to South Korea and Thailand, and Malaysia is the main investment index deleted." 44 as lack of investor confidence began in 1997 of the crisis, it continue to plague, Malaysia in economic problems arising possibly. Even if the control are going to leave foreign direct investment will not be affected, of cross-border capital out of the limit, greenfield investment of the less attractive. International investors cautious approval, the price of export tax basis instead of capital controls in February 1999 and May 2001 were eliminated.

Malaysia began in 1999 of the recovery, investors' confidence, for global electronic product demand picks up. Originally, the new hanging MR ($3.8) be underestimated price. This gave a welcome boost exports of worth, promote the need of foreign exchange reserves of the capital structure adjustment, and allow the Malaysia to establish a current-account surplus. However, begin in late 2000, Malaysia as the world's most rely on exp本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。