Abstract
We have seen how the IMF dealt with crisis in Korea and Indonesia. Fund interventions had different political significance in each country. In Korea, the programme was largely about dismantling industrial policy and the associated close links between big business and sections of the political class. In Indonesia, it was designed to attack political patronage but doing so involved a radical restructuring of Indonesian political economy. Both examples showed programme implementation was politically highly charged and difficult to manage.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2005 Ben Thirkell-White
About this chapter
Cite this chapter
Thirkell-White, B. (2005). Malaysia. In: The IMF and the Politics of Financial Globalization: From the Asian Crisis to a New International Financial Architecture?. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230514089_7
Download citation
DOI: https://doi.org/10.1057/9780230514089_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51504-2
Online ISBN: 978-0-230-51408-9
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)