Managerial Finance: Volume 22 Issue 5

The Nature of Globalization and the Muslim World

Masudul Alam Choudhury

Post‐Cold War world is a bastion of economists, strategists and cold calculators. It is a world of vehement competition and mergers in the name of economic integration and the…

On Globalization and Capitalization

Ozay Mehmet

The last two centuries, roughly from the publication of Adam Smith's The Wealth of Nations, have witnessed a remarkable process of globalization of Western capitalism. The…

Economic Growth, Investment, and Exchange Rate Changes in a Poor‐Capital Economy

Osman Suliman

The discussion of the appropriate means to attain external balance arose as a result of the recurring problem of acute shortages of foreign exchange for many small, open…

Investment Under Profit‐Sharing Contracts: The Adverse Selection Case

Abdel‐Hameed M. Bashir

In this paper we analyze investment behavior under profit‐and‐ loss sharing contracts in an environment of asymmetric information. Under certain restrictive assumptions, PLS…

Globalisation Challenges and Competitiveness: The Role of the State and Private Sector in Malaysia

M. Anuar Adnan, Supian Ali, Anuwar Ali

This paper will examine the challenges of the globalisation process on the Malaysian economy and the role of the state and the private sector and their state of competitiveness in…

Privatisation: The Malaysian Response to National Debt and Economic Restructuring

Uzir A. Malik

Privatisation which was made popular as a policy instrument in the western economies during the early 1980s has now become a global economic phenomenon. The Malaysian response to…

Manufacturing as Engine of Growth and Industrialisation in Malaysia

Rajah Rasiah

Structural economists have been amongst the foremost proponents of a pro‐active industrial policy as the mechanism for promoting rapid economic growth (Lewis, 1956; Myrdal, 1957;…