Managing The Trilemma: The Case of Malaysia
This paper discusses how Malaysia manages the trilemma, the conjecture that a country cannot simultaneously maintain an open capital account, an exchange rate stability, and monetary policy independence. Only two out of these three goals can be mutually consistent and policy makers have to decide wh...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
UUM Press
2010-01-01
|
| Series: | International Journal of Management Studies |
| Online Access: | https://www.scienceopen.com/document?vid=2afa9231-01ed-41fc-a13b-78d132a84794 |