000			02062nam a2200229Ia 4500
003			ASM
005			20241206153835.0
008			241203s9999 xx 000 0 und d
020			_a9679788180
020			_qHardback
040			_cASM
050			_a
100			_aMahathir Mohamad _eAuthor
245		0	_aGlobalisation and the new realities _cPrime Minister's Office
260			_aMalaysia _bPelanduk Publication (M) Sdn Bhd _c2002
300			_a236 Pages _billustrations _c23 cm
520			_a"In this book, Dr. Mahathir Mohamad provides an incisive critique of the main aspects of globalisation and an explanation for this changing tide of opinion against the concept of globalisation. Globalisation, deregulation and liberalisation in a borderless world must be handled with care as they are means to an end - not ends in themselves. Globalisation must result in a better life for all. Though the mobility of capital flows across borders in an efficient way of allocating resources globally and channelling them to developing countries, such mobility creates volatility and provides an opportunity for speculative attacks against currencies that threatens the economic stability of less developed countries. Dr. Mahathir has been warning the world of the inequities and dangers of globalisation years before it was fashionable to criticise this concept. His lack of inhibition in speaking his mind - even when his opinions go against conventional wisdom - now well documented. He pulls no punches when he describes the events of the Asian financial crisis of 1997, the mechanics of currency speculation and the effects of the volatile inflows and outflows of foreign funds, as well as the measures Malaysia took to counter the crisis. Policymakers, researchers and those who want to know about the current trends in globalisation - and about its pitfalls - will find this timely and compelling reading."
546			_aEnglish
650			_a"Social Science, Economic history and conditions"
700			_aHashim Makaruddin _eAuthors/Editor
942			_cBooks
999			_c5244 _d5244