£297.71

Springer Thailand: Financial Sector Reform and the East Asian Crises: Financial Sector Reform and the East Asian Crises (International Banking, Finance and Economic Law Series Set)

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£372.26 £276.18 £297.14 £318.10 £339.07 £360.03 £381.00 10 June 2024 25 October 2024 12 March 2025 28 July 2025 13 December 2025

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Most common price: £318 (198 days, 35.9%)

Price range: £285 - £372

Price levels: 6 different prices over 552 days

Description

This book takes as its focus the current supervisory and regulatory framework for bank supervision in Thailand and the Thai authorities' efforts to modernise and restructure the Thai banking system. It examines the obstacles to this restructuring, which include the current economic difficulties in Thailand and the East Asia region as well as more fundamental historical, cultural and socio-economic factors that underpin Thai society. The book looks at the numerous banking statutes put in place in Thailand in the past sixty years, including legislation of the 1980s in response to problems involving fraud, insider dealing and solvency concerns. It examines how historically ambiguous structures of governmental responsibility and power, and a heavy emphasis on government discretion in regulation, have so far inhibited the effectiveness of this extensive body of legislation in developing a sound modern banking system. There follows an in-depth analysis of the 1997-1998 Thai Banking Crisis and ways in which lessons can be learned to avoid similar crises in future. The author argues for a greater degree of transparency in the regulatory process to bring it into line with internationally accepted standards, for increased supervisory implementation and enforcement by Thai governmental authorities, and for the ultimate depoliticisation of the bank regulatory and supervisory processes.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 February 2000
Listed Since
05 February 2007

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