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© 2006 International Monetary Fund
IMF Country Report No. 06/19
Thailand: Selected Issues
This Selected Issues paper for Thailand was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on August 16, 2005. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of Thailand or the Executive Board of the IMF.
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INTERNATIONAL MONETARY FUND
Prepared by Giovanni Dell’Ariccia, Ivan Tchakarov (all APD), and Martin Schindler (RES)
Approved by Asia and Pacific Department
August 16, 2005
II. The Role of Interest Rates in Business Cycle Fluctuations in Emerging Countries: The Case of Thailand
B. Interest Rates and Business Cycle
C. The Global Economy Model with the Financial Accelerator
D. Interest Rate and Credit Spread Shocks
E. What Role for Monetary Policy?
III. Financial Crises and Growth
B. Financial Crises and Growth
C. The Case of Thailand
IV. Credit Booms: The Good, the Bad, and the Ugly?
B. Stylized Facts
C. Data and Methodology
E. Related Literature