Business, Management and Accounting
8 years ago

Financial-led Growth Dominates in Malaysia, Boosting Economic Prosperity.

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International Journal of Business and Society
On engine of growth in Malaysia: export-led, financial-led or investment-led?
Siow‐Hooi Tan, Muzafar Shah Habibullah, Ahmad Zubaidi Baharumshah, M. Azali

Paper Summary

The researchers looked at how financial, export, and investment factors affect economic growth in Malaysia. They used data from 1959-2005 and found that financial factors play a key role in driving economic growth in the country. This suggests that Malaysia's growth is mainly led by its financial sector.

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