The Political Economy of Financial Development in Malaysia (From the Asian Crisis to 1MDB) - 9780367684785

ISBN: 9780367684785
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Overview

Current inquiries into the political economy of financial policymaking in Malaysia tend to focus on the high-level drama of crisis politics or simply point to the limited impact of post-crisis financial reforms, given that politico-business relations have remained close. In so doing, pundits ignore a number of intriguing questions: what is the relationship between financial development and financialisation and how has it played out in the Malaysian context? And more generally: how can a country like Malaysia become significantly more financially developed, yet fail to emancipate the financial system from political control; a core element of the financial development discourse?

To unravel the complexities of this puzzle, this book subjects the history and contemporary practices of financial policymaking in Malaysia to scrutiny. It argues that to understand financial development in Malaysia, its progress and reversals, it is important to conceptualise it as a political, rather than a merely technical process. In so doing, the book echoes a more profound concern in the political economy literature, namely the evolving relationship between states and markets, and the supposed retreat or reassertion of the state at a time of increasing (financial) globalisation. The book can generate further insights into the evolving role of the state with regard to broader processes of development and marketisation, as they relate specifically to finance.

This book title, The Political Economy of Financial Development in Malaysia (From the Asian Crisis to 1MDB) - 9780367684785, ISBN: 9780367684785, by Lena Rethel, published by Taylor & Francis (June 30, 2022) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

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Product Details

Author:
Lena Rethel
Format:
Paperback
Pages:
134
Publisher:
Taylor & Francis (June 30, 2022)
Language:
English
ISBN-13:
9780367684785
Weight:
5.75oz
Dimensions:
5.4375" x 8.5"
File:
TAYLORFRANCIS-TayFran_240106053657548-20240106.xml
Folder:
TAYLORFRANCIS
List Price:
$24.95
Series:
Routledge Focus on Economics and Finance
Case Pack:
10
As low as:
$22.46
Publisher Identifier:
P-MISC
Discount Code:
H
Audience:
College/higher education
Country of Origin:
United States
Pub Discount:
30

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