1 AIT Asian Institute of Technology

The effects of financial restructuring on Thailand's money-market rates

AuthorSuppata Srisuk
Call NumberAIT RSPR no. SM-00-49
Subject(s)Interest rates--Thailand

NoteA research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management
PublisherAsian Institute of Technology
Series StatementResearch studies project report ; no. SM-00-49
AbstractOver 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.
Year2000
Corresponding Series Added EntryAsian Institute of Technology. Research studies project report ; no. SM-00-49
TypeResearch Study Project Report (RSPR)
SchoolSchool of Management
DepartmentOther Field of Studies (No Department)
Academic Program/FoSMaster 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);
DegreeResearch Studies Project Report (M.B.A.) - Asian Institute of Technology, 2000


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