The study delves into the tumultuous period of the Asian Financial Crisis, where numerous financial entities and commercial banks in Thailand faced bankruptcy, underwent government …

Some measures inadvertently compounded the scale of the crisis, increasing resolution costs for the Government and raising the danger of contagion from finance companies to the banking …

In the 2022 Selected Issues Paper (Chapter IV), staff reviewed the insolvency regime in Thailand, discussed key principles for household debt restructuring from the legal perspective, and …

Dec 12, 2024 · Thailand introduces a major debt restructuring plan for nearly 2 million borrowers, aiming to ease the borrowing crisis with new concessions and a focus on repayment reduction. …

Feb 20, 2025 · The issue of a financial crisis hitting Thailand is of grave importance. If it happens, it will push the Thai economy back by five years, triggering indescribable pain and suffering.

The framework I have presented for analysing Thailand’s uneven and contradictory success story can also be used to analyse the dynamics that are at work in the recent bout of economic bust, …

Sep 1, 2002 · Thailand implemented financial liberalisation, including exchange rate adjustments, in the early 1990s, and only a few years later endured the 1997–98 East Asian financial crisis, …

The reform strategy included created by large inflows of deposits and foreign funds (i) accelerating corporate debt restructuring, (ii) as well as the subsequent expansion of domestic …

Sep 16, 2022 · Thailand developed an enhanced debt restructuring mechanism to tackle the corporate debt overhang resulting from the Asian financial crisis (the so-called “Bangkok …

Nov 24, 2010 · Thailand’s economy has recently recovered from the two financial crises of the 1997 Asian Financial Crisis and the 2008 “Lehman Shock,” and in 2010 is now growing …