Year: 2012
Type: article
Abstract: This 2011 Article IV Consultation reports that Malaysia’s economy is vulnerable to a prolonged downturn in advanced economies or a sharp escalation in global financial stress. Weaker exports and terms of trade would spillover into domestic demand. Financial spillovers could include a reversal of cross-border bank and portfolio flows. Healthy financial and corporate balance sheets, ample foreign exchange reserves, and room to further loosen monetary policy would help contain the impact of an external shock on the financial sector and the economy.
Source: IMF Staff Country Reports
Author: International Monetary Fund
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4211098399