The Thai economy in the early years: 1961-1990 -- The resilience of the Thai economy: 1991-2005 -- Political instability, the coups, and the underperforming economy: 2006-2017 -- The banking sector : adjustments to financial crises and business cycle -- The stock market and macroeconomy --...

This paper analyses the extent to which financial integration impacts the manner in which terms of trade affect business cycles in emerging economies. Using a s mall open economy model, we show that as capital account openness increases in an economy that faces trade shocks, business cycle...

This paper analyses the extent to which financial integration impacts the manner in which terms of trade affect business cycles in emerging economies. Using a s mall open economy model, we show that as capital account openness increases in an economy that faces trade shocks, business cycle...