Journal Article

IDS Bulletin 38.4

Thailand: The Financial System Ten Years after the Crisis

Published on 1 July 2007

When the bank of Thailand floated the baht on 2 July 1997 – and saw its value fall by more than half in eight months, the world naturally thought of it as primarily a currency crisis.

But it is the massive failure of the financial system, the other half of the twin crises, that had a more profound impact and which wrought significant institutional changes to the economic system of the country

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IDS Bulletin 38.4

Cite this publication

Siamwalla, A. (2007) Thailand: The Financial System Ten Years after the Crisis. IDS Bulletin 38(4): 40-44

Authors

Ammar Siamwalla

Publication details

authors
Siamwalla, Ammar
journal
IDS Bulletin, volume 38, issue 4
doi
10.1111/j.1759-5436.2007.tb00395.x
language
English

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Region
Thailand

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