Five years after the global financial crisis, the economies of the United States and the eurozone continue to struggle. How will Southeast Asian economies be affected should there be a further deterioration in conditions in the eurozone? In this paper, we present estimates using a Global Vector...

Private investment in Malaysia has been sluggish since the Asian Financial Crisis. One explanation is that the growing presence of state-owned enterprises (SOEs) or government-linked corporations (GLCs) has been crowding out private investment. For the first time, we provide empirical evidence...