-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively … strong growth and a substantial improvement in export sophistication, Malaysia’s total factor productivity lagged behind that … of Korea and Taiwan Province of China. We argue that what characterizes their experience in contrast to Malaysia’s is the …

. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis …

, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the …

Malaysia's local currency debt market is one of the most liquid public debt markets in the world. In recent years, the …-stage model to estimate the main drivers of debt capital flows to Malaysia. Finally, it uses a GARCH model to test the hypothesis … Malaysia responds adequately to both pull and push factors and find no firm evidence that nonresident flows cause volatility in …