The dissolution of a monetary union: the case of Malaysia and Singapore 1963-1974

Schenk, C.R. (2013) The dissolution of a monetary union: the case of Malaysia and Singapore 1963-1974. Journal of Imperial and Commonwealth History, 41(3), pp. 496-522. (doi:10.1080/03086534.2013.779110)

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Abstract

The abrupt separation of Singapore and Malaysia in 1965 set these two states on separate political trajectories, but the economic ties proved more difficult to untangle. This article explores the nine years of transition required to complete the separation of the monetary systems of the two territories based on new archival evidence. It argues that, while socio-political hostility raged between the two partners, common economic interests prolonged an intimate monetary relationship that extended the interdependence of the two states for many years beyond their formal separation.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Schenk, Professor Catherine
Authors: Schenk, C.R.
College/School:College of Social Sciences > School of Social and Political Sciences > Economic and Social History
Journal Name:Journal of Imperial and Commonwealth History
Publisher:Taylor and Francis
ISSN:0308-6534
ISSN (Online):1743-9329
Published Online:16 April 2013
Copyright Holders:Copyright © 2013 The Author
First Published:First published in Journal of Imperial and Commonwealth History
Publisher Policy:Reproduced under a Creative Commons License

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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
413411The experience of exchange rate regime change among developing countries 1968-78Catherine SchenkEconomic & Social Research Council (ESRC)RES-165-25-0004SPS - ECONOMIC & SOCIAL HISTORY
524121The development of international financial regulation and supervision 1961-1982Catherine SchenkEconomic & Social Research Council (ESRC)RES-062-23-2423SPS - ECONOMIC & SOCIAL HISTORY