Banking in Malaysia / Kok Sook Ching, Wong Hock Tsen and Remali Yusoff -- Banking development and economic growth / Kok Sook Ching and Wong Hock Tsen -- Stock market in Malaysia / Wong Hock Tsen and Sharon Cheuk Choy Sheung -- Stock market development and economic growth / Sharon Cheuk Choy...

In theory, countries with floating exchange rates and perfect capital mobility should have monetary independence. At the other extreme, countries with pegged exchange rates may completely lose monetary independence. This is the open-economy trilemma. Countries are not possible to combine...