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Thailand: Selected Issues

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  • International Monetary Fund

Abstract

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.

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  • International Monetary Fund, 2001. "Thailand: Selected Issues," IMF Staff Country Reports 2001/147, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2001/147
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    Citations

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    Cited by:

    1. Calomiris, Charles W & Klingebiel, Daniela & Laeven, Luc, 2004. "A taxonomy of financial crisis resolution mechanisms : cross-country experience," Policy Research Working Paper Series 3379, The World Bank.
    2. Charoenseang, June & Manakit, Pornkamol, 2002. "Financial crisis and restructuring in Thailand," Journal of Asian Economics, Elsevier, vol. 13(5), pages 597-613.
    3. He, Dong, 2002. "Resolving Non-performing Assets of the Indian Banking System," MPRA Paper 9758, University Library of Munich, Germany.
    4. Chu Nguyen & Anisul Islam, 2010. "Asymmetries in the Thai lending-deposit rate spread: an econometric analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 17(13), pages 1229-1236.

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