Starting in September last year, Prime Minister Mahathir Mohamad of Malaysia was strongly criticized by the Western media and some Western governments over the introduction of capital controls and the sacking of his deputy prime minister and finance minister Anwar Ibrahim, who was later tried for alleged criminal acts. It was thought that Mahathir was doomed to be overthrown by student and youth demonstrations. Now, however, the outcry has subsided, the political situation has been stabilized and capital controls have been deemed a success even by the anti-Mahathir Western media and IMF Managing Director Michel Camdessus.