Malaysia's Capital Market Masterplan, 2001-2010: A Case Study
This report, prepared for the Capital Market Authority of Rwanda, examines the process Malaysia’s government undertook to reform and develop its capital markets in the wake of the Asian financial crisis during the period from 2001 to 2010. Over the course of this timeframe, Malaysia achieved notable successes in broadening and deepening its capital markets. It also has fallen short in key areas, however, and has been marred by potentially serious failures.
The research is largely based on historical context and intended to glean lessons from the process itself. The report's main focus is on the Malaysian government's perception of the challenges it during this timeframe, and the policies formulated to address them, but it does not aim to assess the efficacy of those policies or to analyze recent political and financial developments in Malaysia.