Financial liberalization and the capital account : Thailand, 1988-97 /

Financial liberalization and the capital account : Thailand, 1988-97 /

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Bibliographic Details
Author / Creator:	Alba, Pedro, 1953-
Imprint:	Washington, DC : World Bank, Poverty Reduction and Economic Management Network, Economic Policy Division, and, Financial Sector Strategy and Policy Department, [1999]
Description:	61 p. : ill. ; 28 cm.
Language:	English
Series:	Policy research working paper ; 2188 Policy research working papers ; 2188.
Subject:	Financial crises -- Thailand. Debt -- Thailand. Investments -- Thailand. Risk -- Thailand. Monetary policy -- Thailand. Foreign exchange rates -- Thailand. Banks and banking -- Thailand. Financial institutions -- Thailand. Banks and banking. Debt. Financial crises. Financial institutions. Foreign exchange rates. Investments. Monetary policy. Risk. Thailand.
Format:	E-Resource Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/4060240

Hidden Bibliographic Details
Other authors / contributors:	Hernández, Leonardo. Klingebiel, Daniela. World Bank. Poverty Reduction and Economic Management. Economic Policy Division. World Bank. Financial Sector Strategy and Policy Group.
Notes:	"September 1999"--Cover. Includes bibliographical references (p. 50-52). Also available on the World Wide Web.
Summary:	Thailand's economic crisis in 1997 was fundamentally one of private sector debt, rooted in private behavior that affected the magnitude and composition of investment and how it was financed. Thailand's crisis provides further evidence that financial liberalization must be carefully managed because by increasing competition, it lowers the franchise value of existing financial institutions and creates incentives for unsound banking practices.

Mansueto

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Call Number:	HG3879.P6 no.2188
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