Unteroberdoerster, Olaf; Guimarães, Roberto Pereira - International Monetary Fund (IMF) - 2006
Private sector investment has been a key source of growth in Malaysia over the last three decades, but after an …, this paper aims to explain these trends and their implications for Malaysia's investment and growth outlook. Aggregate data … important determinants of the recent decline in private investment. Meanwhile, firm-level data suggest that low profitability …