What's driving private investment in Malaysia? : aggregate trends and firm-level evidence / prepared by Roberto Guimaraes and Olaf Unteroberdoerster.
Private sector investment has been a key source of growth in Malaysia over the last three decades, but after an unprecedented decline in the wake of the Asian crisis it has remained sluggish in recent years. Using aggregate and firm-level data, this paper aims to explain these trends and their impli...
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