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It appears to be common wisdom that the basic cause of Thailand's crisis is its extraordinarily weak financial …-term performance of Thailand's financial system is favorable. The insight from moral hazard indicators is unexpected regarding the bad … explained in a framework of system change than by bad banking in Thailand. …
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specification), as well as relevant policy measures (governance reforms, bank capital requirements, capital controls, and the role …
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'Jane D'Arista is one of those towering figures who thinks way ahead of the conventional understandings. A generation ago she recognized the distorted architecture of finance and banking and described in lucid detail the reform agenda for restoring a stable and equitable system. Written in the...
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The Thai economy is vulnerable to external shocks because of its high exposure to trade and capital flows. Despite its adverse consequences on the real sector of the Thai economy in 2009, the global financial crisis had little impact on the Thai financial sector. The healthy performance and...
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