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This paper analyzes an economy in which there are no interest-bearing assets, only equity shares. Equilibrium conditions are derived for the case of a closed economy, an open economy with trade in goods only, and finally one with trade in both goods and equity shares. It is shown that the rate...
Persistent link: https://www.econbiz.de/10014395912
The paper develops a small dynamic macroeconomic simulation model for a representative developing country which relies on familiar macroeconomic theory and in which expectations are formed rationally. The model is useful for the analysis and simulation of important policy questions in a...
Persistent link: https://www.econbiz.de/10014396359
This 2009 Article IV Consultation highlights that the U.S. economy has experienced the worst financial crisis since the Great Depression. In the second half of 2008, financial pressures intensified and came to a head with the failure of Lehman Brothers in September. Executive Directors have...
Persistent link: https://www.econbiz.de/10011244122
This report is an analysis of the insurance core principles of Malaysia. This assessment gives a clear understanding of … the regulatory and supervisory framework of the insurance sector of Malaysia. Bank Negara Malaysia (BNM) is the best …
Persistent link: https://www.econbiz.de/10011242461
The Bank Negara Malaysia (BNM) employs a well-developed risk-focused regulatory and supervisory regime. Despite this, a …
Persistent link: https://www.econbiz.de/10011242576
This assessment is a review of the financial environment of Malaysia. Like many other Asian countries, Malaysia …-year financial plan (2001–10) by Bank Negara Malaysia restructured the financial sector. Banks were well capitalized, household … debts were strengthened, and securities and insurances were developed. Malaysia thus became the global center for Islamic …
Persistent link: https://www.econbiz.de/10011242711
This Technical Note on the housing market in Malaysia focuses on price developments in the Malaysian housing market and … of its sustainability. Malaysia maintains a one-fourth time series for the housing prices index, tracing back to the 1990 …
Persistent link: https://www.econbiz.de/10011242822
This Selected Issues paper on Malaysia highlights quantitative assessment of additional measures required during the …
Persistent link: https://www.econbiz.de/10011242901
Persistent link: https://www.econbiz.de/10011243291
conventional banking sector, and the operations of Perbadanan Insurans Deposit Malaysia (PIDM). Though several weaknesses in the … legal framework have been noted in this assessment, there has been no experience with bank failures in Malaysia since PIDMâ …
Persistent link: https://www.econbiz.de/10011243456