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 Financial Policy
Financial Policy
recently—have effectively utilized techniques to manage PI inflow s and outflow s. H ere, w e identify recent examples of such strategies. Malaysian authorities tw ice imposed restrictions over PI during the 1990s. The first such effort w as in early 1994. At that time, th...
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recently—have effectively utilized techniques to manage PI inflow s and outflow s. H ere, w e identify recent examples of such strategies. Malaysian authorities tw ice imposed restrictions over PI during the 1990s. The first such effort w as in early 1994. At that time, the Malaysian economy received dramatic increases in the volume of private capital inflow s (including, but not limited to, PI). Policymakers w ere concerned that these inflow s w ere feeding an unsustainable speculative boom in real estate
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http://www.undp-povertycentre.org/pub/IPCTrainingModule3.pdf#page=43
www.undp-povertycentre.org/pub/IPCTrainingModule3.pdf#page=43
recently—have effectively utilized techniques to manage PI inflow s <span class="highlight">and</span> outflow s. H ere, w e identify recent examples <span class="highlight">of</span> such strategies. <span class="highlight">Malaysian</span> authorities tw ice imposed restrictions over PI during the 1990s. The first such effort w as in early 1994. At that time, the <span class="highlight">Malaysian</span> economy received dramatic increases in the volume <span class="highlight">of</span> private capital inflow s (including, but not limited to, PI). Policymakers w ere concerned that these inflow s w ere feeding an unsustainable speculative boom in real estate
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