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It is said that the financial crisis in Malaysia in 1997 was caused by a sudden capital flow Explain how this sudden capital outflow affected
It is said that the financial crisis in Malaysia in 1997 was caused by a sudden capital flow
Explain how this sudden capital outflow affected the Malaysian economy. What would happen to net capital outflow, net exports, real interest rate and real exchange rate? Diagrams are required to aid your explanation.
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