| Author | Thisirak Suppakulkittiwattana |
| Call Number | AIT RSPR no.SM-98-80 |
| Subject(s) | Financial crises--Thailand
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration. School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-98-80 |
| Abstract | For the last two decades, more than one hundred developing countries faced financial
crisis. It also spread to East Asian economies. Similar crisis beset Thailand also. Thailand
began the year with a slowdown of the economy. Many economic indicators such as
disappointing export growth and high culTent account deficit signaled the poor performance of
Thai economy.
The trouble in the economy was ignited by the finance sector. This crisis appeared
obviously after the flotation of the baht. Heavy foreign debt and rapid growth of nonperforming loans of financial institutions as well as political instability resulted in the decline
of foreign investors' confidence to the culTency which led to foreign capital outflows. This has
paved the way to problems of liquidity and eventually financial crisis.
With these severe economic problems, this research discusses how the crisis occulTed
and what the root causes and impacts of problems, particularly focus on the problems in
finance companies. Recommendations on the IMF's conditions were provided in both the
negative and positive effects. It also provides other recommendations of the suitable course of
actions for Thailand in the future. |
| Year | 1998 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-98-80 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Tang, John C.S. |
| Examination Committee(s) | Swierczek, Fredric William ;Bechter, Clemens |
| Scholarship Donor(s) | Government of Germany (DAAD) |
| Degree | Research Studies Project Report (M. Sc.) - Asian Institute of Technology, 1998 |