Cover IMF Staff Country Reports
Thailand: Selected Issues and Statistical Appendix
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2002: Issue 195
Language:
English
Publication Date:
06 Sep 2002
DOI:
https://doi.org/10.5089/9781451836783.002
ISBN:
9781451836783
ISSN:
1934-7685
Pages:
120
Keywords:
ISCR; CR; asset; debt; lending; interest rate; bank-lending channel; asset recovery; asset price; import duty; recovery from the crisis; Contingent liabilities; Fiscal stance; Emerging and frontier financial markets; Public enterprises; Europe; Africa; Asia and Pacific; East Asia; Global
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This Selected Issues paper and Statistical Appendix examines the channels of monetary policy transmission in Thailand. The main findings are that changes in monetary policy are associated with changes in real output, and that the main channel for transmission is not bank lending but asset prices. The paper takes stock of the performance of the Thai corporate sector emerging from the crisis and discusses remaining challenges and vulnerabilities. An assessment of Thailand’s fiscal vulnerability is also presented.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund