Lessons Learned From Thailands Experience With Financial Sector Restructuring

Author : Veerathai Santiprabhob
Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.49/5 ( download)

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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:

Author : Tull Traisaorat
Publisher : Springer
ISBN 13 :
Total Pages : 474 pages
Book Rating : 4.02/5 ( download)

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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.

Author : Carl-Johan Lindgren
Publisher :
ISBN 13 : 9781557758712
Total Pages : 103 pages
Book Rating : 4.19/5 ( download)

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Download or read book Financial Sector Crisis and Restructuring written by Carl-Johan Lindgren and published by . This book was released on 1999 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.

Author : Leslie Teo
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.55/5 ( download)

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Download or read book Financial Sector Crisis and Restructuring written by Leslie Teo and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the policy responses of Indonesia, Korea, and Thailand to the Asian crisis that erupted in 1997 and compares the actions of these three countries with those of Malaysia and the Philippines, which were buffeted by the crisis. Although work is still under way in all the affected countries, and thus any judgements are necessarily tentative, important lessons can be learned from the various experience of the last two years.

Author : Chaipat Sahasakul
Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.91/5 ( download)

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Download or read book Lessons from the World Bank's Experience of Structural Adjustment Loans (SALs) written by Chaipat Sahasakul and published by . This book was released on 1992 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gives an introduction and an overview of macroeconomic performance. Presents a historical summary of structural adjustment loans in Thailand starting from policy recommendation mande by the World Bank in 1980 to selected SAL issues. Presents details of findings from the interview method.

Author : Michael Pomerleano
Publisher :
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.01/5 ( download)

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Download or read book Corporate Restructuring written by Michael Pomerleano and published by . This book was released on 2005 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This timely volume takes an in-depth look at the efforts to fight corporate crisis in Indonesia, Korea, Malaysia, and Thailand, among others, and discusses the vital role of governments in securing and enabling legal system, effective out-of-court workouts, supportive tax regimes, and complementary policy and regulatory initiatives to confront systemic corporate distress." --Résumé de l'éditeur.

Author : T. J. Pempel
Publisher : Cornell University Press
ISBN 13 : 0801455014
Total Pages : 280 pages
Book Rating : 4.18/5 ( download)

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Download or read book Two Crises, Different Outcomes written by T. J. Pempel and published by Cornell University Press. This book was released on 2015-05-06 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.

Author : Akiko Terada-Hagiwara
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.87/5 ( download)

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Download or read book Experience of Asian Asset Management Companies written by Akiko Terada-Hagiwara and published by . This book was released on 2004 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Hans Dieter Seibel
Publisher : Asian Development Bank
ISBN 13 : 9292547119
Total Pages : 99 pages
Book Rating : 4.10/5 ( download)

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Download or read book Restructuring of State-Owned Financial Institutions written by Hans Dieter Seibel and published by Asian Development Bank. This book was released on 2009-09-01 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the trend toward financial sector liberalization in recent years, state ownership of financial institutions remains widespread in the developing world. However, in general, state-owned financial institutions have under performed their private sector counterparts, and governments have sought to restructure them. This case study reviews the transformation of Bank Rakyat Indonesia from a loss-producing, overstaffed state-owned bank to the most profitable bank with the largest microbanking network in Indonesia. From the bank's experience the study seeks to draw decisive lessons for the successful transformation of other state-owned financial institutions. For Bank Rakyat Indonesia, the key driver of successful reform was the government's commitment to allow it the autonomy to restructure itself-including an emphasis on good corporate governance, supported by appropriate regulations and effective supervision.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 1513516485
Total Pages : 136 pages
Book Rating : 4.86/5 ( download)

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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.