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The effects of financial restructuring on Thailand's money-market rates | |
Author | Suppata Srisuk |
Call Number | AIT RSPR no. SM-00-49 |
Subject(s) | Interest rates--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-00-49 |
Abstract | Over the last few years, the financial crisis had attacked Thailand and some other countries in the Asian region pushing pressures on the currencies of such countries. The situation in these countries deteriorated particularly in the financial sectors and the property sectors. In response to the crisis, Thailand had implemented the economic adjustment program which the financial sector restructuring is the foundation. The Bank of Thailand also implemented monetary policy to support the financial sector restructuring. Such policy contributed to the changes in interest rates structure in the money markets. The objectives of this research are to study the structure of Thailand's money-market rates both before and after the crisis, and to study the effects of the financial restructuring on the interest rates structure of the money markets. Major findings indicate that the interest rates had increased after the baht was allowed to float due to the tight monetary policy which aimed to stabilize the baht. When the economy showed the sign of recovery and the exchange rate was stable, the monetary policy was eased and led to a decreasing trend of the interest rates in the money markets. |
Year | 2000 |
Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-00-49 |
Type | Research Study Project Report (RSPR) |
School | School of Management |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
Chairperson(s) | Ramachandran, Neelakantan; |
Examination Committee(s) | Piman Limpaphayom;Sunanta Siengthai; |
Scholarship Donor(s) | Asian Institute of Technology (Partial Scholarship); |
Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2000 |