Book review: "Crisis and Recovery in Malaysia; the role of capital controls" by P. Athukorala. Cheltenham, UK, Elgar, 2001. ISBN: 1-8406-462-17

@inproceedings{Thirumaran2004BookR,
  title={Book review: "Crisis and Recovery in Malaysia; the role of capital controls" by P. Athukorala. Cheltenham, UK, Elgar, 2001. ISBN: 1-8406-462-17},
  author={Kiran Thirumaran},
  year={2004}
}
[Extract] Authukorala posits that Malaysia's financial crisis stemmed from its dependence on portfolio investments and a 'considerable build-up of short-term borrowing' (p.3). Interspersed occasionally with political commentary on the crisis period, this book illustrates the successful use of capital controls to tame the recession and turn the economy around.