Causes of financial crisis in Thailand : Singapore perspective.
This report examines the causes of the financial crisis in Thailand that started on 2/7/1997. The causes can be broadly categorised into 2 groups: 1)Internal factors, such as unsustainable current account deficit, incorrect sequencing of the financial reform, insufficient prudential regulation and 2...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/10908 |
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| Institution: | Nanyang Technological University |
| Summary: | This report examines the causes of the financial crisis in Thailand that started on 2/7/1997. The causes can be broadly categorised into 2 groups: 1)Internal factors, such as unsustainable current account deficit, incorrect sequencing of the financial reform, insufficient prudential regulation and 2)External factors, such as high external debt and a vulnerable international financial system. Lessons of the Asian financial crisis are also discussed. |
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