Malaysia : Recent Economic Developments.

This paper describes economic developments in Malaysia during the 1990s. Real output growth strengthened to 8 1\2 percent in 1993 from 7 3/4 percent in the previous year. In contrast to 1992, however, growth in output was driven exclusively by domestic demand, with all components recording stronger...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Staff Country Reports; Country Report ; No. 1994/004
Online Access:Full text available on IMF
Description
Summary:This paper describes economic developments in Malaysia during the 1990s. Real output growth strengthened to 8 1\2 percent in 1993 from 7 3/4 percent in the previous year. In contrast to 1992, however, growth in output was driven exclusively by domestic demand, with all components recording stronger growth in 1993 than in the previous year. Consumption spending grew by 7 3/4 percent in 1993, up from 2 3/4 percent in 1992. Fuelled by higher real wages and the positive wealth effect of higher equity prices, real private consumption rose by 7 1\2 percent in 1993, compared with 2 1\2 percent in 1992.
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Physical Description:1 online resource (121 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students