English, Article, Journal or magazine article edition: Financial sector policy in Thailand : a macroeconomic perspective Easterly, William; Honohan, Patrick

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/164166
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Financial sector policy in Thailand : a macroeconomic perspective
Author
  • Easterly, William
  • Honohan, Patrick
Physical Description
  • preprint
Notes
  • The recent Thai boom has been accomplished in an economy with considerable openness to external forces. Despite the fiscal correction achieved during 1986-89, the domestic demand expansion has made itself felt in a widening of the current account deficit. While this deficit partly reflects the need for a surge of capital expenditure to avail of export prospects and to provide the necessary infrastructure, care will have to be taken to ensure that investment does not get too far out of line with the long-run savings potential of the economy. The ability of the Thai financial sector to provide the investible funds that are demanded by the boom is influenced by its ability to mobilize savings, by official policy regarding credit allocation and by the degree to which capital is free to flow internationally. Resource mobilization in Thailand is impressive : its liquidity ratio is surpassed by only a handful of developing countries. The authors have made a number of recommendations for the further development of monetary policy instruments and for the recasting and reduction of quasi-fiscal and credit allocation impositions on the financial system.
  • Economic Theory&​Research,Banks&​Banking Reform,Financial Intermediation,Environmental Economics&​Policies,International Terrorism&​Counterterrorism
  • RePEc:wbk:wbrwps:440
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment