Cronyism and Capital Controls: Evidence from Malaysia
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The initial impact of the Asian financial crisis in Malaysia reduced the expected value of government subsidies to politically favored firms. Of the estimated $60 billion loss in market value for politically connected firms from July 1997 to August 1998, roughly 9% can be attributed to the fall in
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美国国家经济研究局创建时间：
2001-10-01
