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The Global Financial Crisis and Resilience of the Thai Banking Sector

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Abstract

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 resilience of Thai financial institutions can be attributed to the financial reforms undertaken after the Asian financial crisis and the favorable macroeconomic environment.

Suggested Citation

  • Nidhiprabha, Bhanupong, 2011. "The Global Financial Crisis and Resilience of the Thai Banking Sector," Asian Development Review, Asian Development Bank, vol. 28(2), pages 110-132.
    • Handle: RePEc:ris:adbadr:2733
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    Cited by:

    1. Bhanupong Nidhiprabha, 2013. "Thailand," Chapters, in: Hal Hill & Maria Socorro Gochoco-Bautista (ed.), Asia Rising, chapter 12, pages 345-384, Edward Elgar Publishing.
    2. repec:usm:journl:aamjaf00811__93-113 is not listed on IDEAS
    3. Siti Muliana Samsi & Zarinah Yusof & Kee-Cheok Cheong, 2012. "Linkages Between the Real Sector and the Financial Sector: The Case of Malaysia," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 8(Supp. 1), pages 93-113.

    More about this item

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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