Financial liberalization and the capital account : Thailand, 1988-1997

by Pedro Alba, Leonardo Hernandez, Daniela Klingebiel

Thailand's economic crisis in 1997 was fundamentally one of private sector debt, rooted in private behavior that affected the magnitude and composition of investment and how it was financed. Thailand's crisis provides further evidence that financial liberalization must be carefully managed because, by increasing competition, it lowers the franchise value of existing financial institutions and creates incentives for unsound banking practices

MoreLess

Year of publication:	[1999]
Authors:	Alba, Pedro
Other Persons:	Klingebiel, Daniela (contributor) ; Hernández, Leonardo (contributor)
Institutions:	World Bank / Financial Sector Strategy and Policy Group (contributor) ; World Bank / Poverty Reduction and Economic Management / Economic Policy Division (contributor)
Publisher:	Washington, DC (1818 H St., NW, Washington 20433) : Financial Sector Strategy and Policy Dept
Subject:	Thailand \| Kapitalbilanz \| Capital account \| Finanzmarktregulierung \| Financial market regulation \| Finanzsektor \| Financial sector \| Kapitalimport \| Capital imports

Online Resource

Check full text access |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	Online-Ressource (61 p) ill 28 cm
Series:	Policy research working paper ; 2188
Type of publication:	Book / Working Paper
Language:	English
Notes:	"September 1999"--Cover Includes bibliographical references (p. 50-52) Also available in print.
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010524649