Malaysias debt-to-GDP ratio was recorded at 103% in 1986, the highest in its history. The offshore debt

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Malaysia’s debt-to-GDP ratio was recorded at 103% in 1986, the highest in its history. The offshore debt in the same year also recorded 40% of GDP. What happen in 1986? Why the debt is so high? What are the debt instruments used? Discuss

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Macroeconomics

ISBN: 978-1319120054

3rd Canadian edition

Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson

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Posted Date: Jan 09, 2023 03:31 AM

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Malaysias debt-to-GDP ratio was recorded at 103% in 1986, the highest in its history. The offshore debt

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Answer In 1986 Malaysia underwent a severe economic crisis due to a combination of factors including ... View the full answer

Macroeconomics

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