THAILAND – 1997 THAI FINANCIAL CRISIS

Chawin Leenabanchong
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Chawin Leenabanchong: Faculty of Economics, Thammasat University, Bangkok, Thailand

Chapter 8 in From Crisis to Recovery:East Asia Rising Again?, 2001, pp 257-304 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:INTRODUCTIONBACKGROUND: WHAT HAPPENED?Current Account DeficitsExchange RatesExchange Market InterventionBanking CrisisWHY DID IT HAPPEN?Overflow of CapitalMacroeconomic MismanagementFinancial Fragility: Impact of A Changing EnvironmentWHAT ARE THE LESSONS TO BE LEARNED?Macroeconomic Management with Growing Financial IntegrationSustainability IssuesGovernment RolesRoad to RecoveryReferences

Keywords: Bubble Economy; Crisis Management; Excess Investment; external Debt; Financial Crisis; Government Intervention; international Speculation; Moral Hazard; Non-Performing Loans; Nepotism between Politicians and Enterprises (search for similar items in EconPapers)
Date: 2001
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