GST: Tiptoeing into structural deficit

By Lim Kim-Hwa

April 2015 UTTER ECONOMICS
main image
Advertisement
In the Penang Monthly article published in September 2013 (“Asian financial crisis act II?”1 ), it was concluded that the similarities between the mid-1990s and today in Asia are eerily close, but a full blown financial crisis is pretty unlikely since economic stress has yet to develop to a critical state. A gradual and competitive devaluation of currencies in Asia, however, is more likely to occur. And with recent movements in the foreign exchange markets, it is time to revisit...

To read the rest of the article and to access our e-Archive, subscribe to us for RM150 a year.

PM
Lim Kim-Hwa

is Chief Executive Officer of Penang Institute