Download or read book Distressed Financial Institutions in Thailand written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-01-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Thai financial system faced a crisis in 1983. Weak managerial practices and an inadequate legal and regulatory framework were associated with a gradual deterioration in many financial institutions’ balance sheets; these weaknesses were brought to the fore by a sharp economic downturn in the first half of the 1980s. The Thai authorities took a number of measures to maintain stability in the financial system and to restructure insolvent financial institutions, including a substantial strengthening in the legal and regulatory framework. The crisis has impacted on the government budget deficit and caused shifts in the demand for financial aggregates and the supply of reserve money.
Download or read book Distressed Financial Institutions in Thailand Structural Weak Neses Support Operations and Economic Consequences written by R. B. Johnston and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Experiences of Financial Distress in Thailand written by Tipsuda Sundaravej and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rehabilitating the financial institutions that were failing in 1984 appears to have cost the Thai government no more than closing them down and paying off depositors would have cost. In a situation like this, authorities must make a tradeoff between preserving the financial system's well- being and being able to hold managers of failed institutions accountable for their failure.
Download or read book Distressed Financial Institutions in Thailand written by R. Barry Johnston and published by . This book was released on 2006 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Thai financial system faced a crisis in 1983. Weak managerial practices and an inadequate legal and regulatory framework were associated with a gradual deterioration in many financial institutions` balance sheets; these weaknesses were brought to the fore by a sharp economic downturn in the first half of the 1980s. The Thai authorities took a number of measures to maintain stability in the financial system and to restructure insolvent financial institutions, including a substantial strengthening in the legal and regulatory framework. The crisis has impacted on the government budget deficit and caused shifts in the demand for financial aggregates and the supply of reserve money.
Download or read book The Political Economy of Distress in East Asian Financial Institutions written by Paola Bongini and published by World Bank Publications. This book was released on 2000 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the East Asian crisis, "connections" - with industrial groups or influential families - increased the probability of distress for financial institutions. Connections also made closure more, not less, likely, suggesting that the closure processes themselves were transparent. But larger institutions, although more likely to be distressed, were less likely to be closed, suggesting a "too big to fail" policy"--Cover.
Download or read book Thailand written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2019-10-07 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Financial System Stability Assessment paper on Thailand highlights that assets of the insurance and mutual fund sectors have doubled as a share of gross domestic product over the last decade, and capital markets are largely on par with regional peers. The report discusses significant slowdown in China and advanced economies, a sharp rise in risk premia, and entrenched low inflation would adversely impact the financial system. Stress tests results suggest that the banking sector is resilient to severe shocks and that systemic and contagion risks stemming from interlinkages are limited. Financial system oversight is generally strong, but the operational independence of supervisory agencies can be strengthened further. The operational independence of supervisory agencies can be strengthened further by reducing the involvement of the Ministry of Finance in prudential issues and ensuring that each agency has full control over decisions that lie within its areas of responsibility.
Download or read book Lessons Learned from Thailand s Experience with Financial sector Restructuring written by Veerathai Santiprabhob and published by . This book was released on 2003 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thailand s Financial System written by Pakō̜n Witchayānon and published by . This book was released on 1994 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thailand written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-08-20 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four years since the onset of the financial crisis, Thailand’s economic recovery remains fragile and is now threatened by a sharp slowdown in external demand. Bank and corporate sector restructuring policies have formed a key focus of the Article IV discussions. An important initiative to accelerate bank and corporate restructuring is the recent establishment of the Thai Asset Management Corporation (TAMC). An inadequate legal framework has been a major impediment to corporate debt restructuring. Even with an acceleration of bank and corporate restructuring, questions will remain about medium-term growth prospects.
Download or read book Thailand Financial Sector Reform and the East Asian Crises written by Tull Traisaorat and published by Springer. This book was released on 2000-02-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes as its focus the current supervisory and regulatory framework for bank supervision in Thailand and the Thai authorities' efforts to modernise and restructure the Thai banking system. It examines the obstacles to this restructuring, which include the current economic difficulties in Thailand and the East Asia region as well as more fundamental historical, cultural and socio-economic factors that underpin Thai society. The book looks at the numerous banking statutes put in place in Thailand in the past sixty years, including legislation of the 1980s in response to problems involving fraud, insider dealing and solvency concerns. It examines how historically ambiguous structures of governmental responsibility and power, and a heavy emphasis on government discretion in regulation, have so far inhibited the effectiveness of this extensive body of legislation in developing a sound modern banking system. There follows an in-depth analysis of the 1997-1998 Thai Banking Crisis and ways in which lessons can be learned to avoid similar crises in future. The author argues for a greater degree of transparency in the regulatory process to bring it into line with internationally accepted standards, for increased supervisory implementation and enforcement by Thai governmental authorities, and for the ultimate depoliticisation of the bank regulatory and supervisory processes.
Download or read book Thailand Selected Issues written by and published by . This book was released on 2004 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Institutions in Thailand written by Thanākhān hǣng Prathēt Thai. Fāi Wichākān. Money and Finance Section and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance and Financial Distress written by Aim-orn Jaikengkit and published by . This book was released on 2004 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Institutions Supervision and Development in Thailand written by Thanākhān hǣng Prathēt Thai. Financial Institutions Supervision and Development Department and published by . This book was released on 1995 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Institutions in Thailand written by Bangkok Bank Ltd. Economic Research Division and published by . This book was released on 1979 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Institutions in Thailand written by Bangkok Bank Ltd. Economic Publication and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Japanese Banking Crisis of the 1990 s written by Mr.Akihiro Kanaya and published by International Monetary Fund. This book was released on 2000-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a large part of the past decade, Japan has witnessed a steady deterioration in the health of its banking system. This paper examines what went wrong and why it has taken so long for the system to recover. While the paper traces the roots of the crisis to accelerated deregulation and deepening of capital markets without an appropriate adjustment in the regulatory framework, it identifies weak corporate governance and regulatory forbearance as the two factors behind what might have been an unnecessary prolongation of the distress of the financial system.
