Mahathir’s shock move to stanch outflows changed the way the world thinks about maps and money.
transpired in a country that scraped through without a bailout — courtesy of economic heresy. This particular drama didn’t pass into the history books easily.
In the quarter of a century since Malaysian capital controls shocked global finance, brakes on how money shows up and leaves have moved closer toThe challenges emerging markets face from massive capital flows, sometimes driven by events far beyond their shores, haven't dissipated. While few see Malaysia as a precise template, the
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