Author Description

Globalization has put economists in a frantic search for new explanation of contemporary economic crises. It has broadened the horizons of some established economic theories which force governments and enterprises into changing their strategy and tackling immediately the borderless issue as regards to research and development and capital inflows. By reviewing and discussing the key issues relating to Malaysia's macroeconomic management, exchange rate mechanisms, global capital flows and the country's global competitive advantage, it also recommends propositions for consideration by the Malaysian government to review the capital control measures to help regain foreign investment and increase domestic investor confidence. About the Author: Lau Ban Tin is a Chartered Accountant and a member of several professional bodies, including the Malaysian Institute of Accountants, the Malaysian Institute of Taxation, the Chartered Institute Management Accountants and the Association of International Accountants. He obtained his MBA and doctorate in Business Administration from the Southern Cross University of Australia.