IMPACTS OF MONETARY POLICY SHOCKS ON THE DOMESTIC AND FOREIGN BANKS IN MALAYSIA Salina Hj Kassim Turkhan Ali Abdul Manap Department of Economics Kulliyyah of Economics and Management Sciences International Islamic University Malaysia Jalan Gombak 53100 Kuala Lumpur ABSTRACT This study investigates the impact of monetary policy shocks on bank loans extended by local banks and foreign banks in Malaysia over the period from January 1991 to December 2006. It adopts the impulse response
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by external political pressures‚ analysis of recent foreign policy decisions demonstrates how internal political forces can play equally crucial roles in the pursuit and execution of these objectives. Thus‚ it would be invalid to claim that domestic politics and the nature of regimes play minor roles in either the goals a state pursues or the means it employs to reach them. By understanding how the diffusion of power in governments affect policy decisions‚ one can develop increased awareness of the
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Kennedy’s foreign policy Overview: * Dominated by American Soviet relations * Revolved around interventions in the context of the stages of the cold war Key features: * Anti-communist * Shifting policy from coexistence to containment * Strength via strategic alliances: NATO The cold war: * Period of intense hostility‚ tensions and contest between USA and soviet union. Mainly due to conflicting ideologies‚ communist vs democratic capitalist. * Soviets created the
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Should the U.S. Be Involved in Foreign Affairs? “Overgrown military establishments are‚ under any form of government‚ inauspicious to liberty‚ and are to be regarded as particularly hostile to republican liberty.” George Washington‚ having just fought against militaristic tyranny‚ knew well the dangers it posed. Over the past century‚ the United States has used its increasingly powerful military industrial complex to enforce its political opinions‚ and policies upon the peoples of the world.
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“Nazi foreign policy was the primary factor in leading to the outbreak of World War Two” To what extent do you agree with this statement? The Second World War is the conflict between 1939 and 1945 which saw the confrontation between the Axis powers and the other allied countries. Is defined as ’world’ because it was attended by nations of all continents and military operations interested most of the planet. The War broke out the first of September 1939 with the invasion of Poland by Germany
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BEIJING FOREIGN POLICY IN WEST AFRICA (Yang Jiechi Policy) Foreign Policy Article: Published by
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Indian Foreign Trade Policy (FTP 2009-14) In the last five years India’s exports witnessed robust growth to reach a level of US$ 168 billion in 2008-09 from US$ 63 billion in 2003-04. India’s share of global merchandise trade was 0.83% in 2003; it rose to 1.45% in 2008 as per WTO estimates. India’s share of global commercial services export was 1.4% in 2003; it rose to 2.8% in 2008. India’s total share in goods and services trade was 0.92% in 2003; it increased to 1.64% in 2008. On the employment
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An Overview of Malaysia ’s Foreign Policy As an extension of domestic policy‚ foreign policy is designed with the purpose in mind of defending and promoting the country ’s national security‚ economic and other vital interests. Despite the diversity of views regarding the perception and explanation of foreign policy‚ no foreign policy can be formulated in a vacuum. It must serve to function in a dynamic environment. Malaysia ’s foreign policy is no exception. Various geographical‚ historical‚ social
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Africa’s foreign policy has seen a number of changes over the years through transitions and administration transformations. It is the task of this essay to compare the foreign policy of the Mandela Administration with that of the Thabo Mbeki administration. In so doing‚ this essay will firstly consider the Foreign Policy pillars of the Mandela administration and the influences for this foreign policy dispensation. This discussion will be followed by a case study of Mandela’s Foreign policy in action
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The recent and far-reaching changes in the world have presented a challenge to leaders who make foreign policy‚ as well as to those who study foreign policy. Precisely‚ because states are experiencing challenges and transformations both internally and externally that the analysis of foreign policy is important. Foreign policy analysis as a study of inquiry connects the study of international relations (i.e. the way states relate to each other in international politics) with the study of domestic
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