tag:blogger.com,1999:blog-6297413898275266606.post7885892696708934004..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Risk Aversion Is Driving Global Economic Paradoxhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6297413898275266606.post-19197617587815654202011-09-13T10:11:53.065+08:002011-09-13T10:11:53.065+08:00There are pros and cons - a stronger ringgit does ...There are pros and cons - a stronger ringgit does mean cheaper imports, which raises welfare generally. Also, a stronger currency is correlated with a high income economy.<br /><br />But a higher exchange rate also reduces export competitiveness, which reduces incomes to exporters (and their workers). Considering Malaysia's high trade exposure, there will be a negative impact. In fact, there&hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-31041474122083107492011-09-12T22:30:59.230+08:002011-09-12T22:30:59.230+08:00if Ringgit is appreciate, it is good for the econo...if Ringgit is appreciate, it is good for the economy ,isn't it? at least strong currency could import cheaper goods to ease inflationary pressure at home, isn't it?Zee Shttps://www.blogger.com/profile/09247039133072033997noreply@blogger.com