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dc.contributor.authorSangsubhan, Kaniten_US
dc.date.accessioned2011-12-15T12:20:56Z-
dc.date.available2011-12-15T12:20:56Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/53456-
dc.description.abstractThe impressive recovery of Asia from the severe 1997-98 financial crisis has been achieved through, among other things, more flexible exchange rates, remarkable reductions of double mismatches in the banking systems, current account surpluses, increasing volumes of foreign direct investment, and accumulations of international reserves. New challenges have now come into view as the Asian economies have to deal with massive capital inflows. This paper aims to explain the overall picture of Thailand as regards the magnitude, types, allocation of capital inflows, impacts of the capital inflows on the financial system-the exchange rate and the interest rate-and impacts on the real sector of the economy. Additionally, a review of existing policies is carried out, together with a presentation of the policy challenges and further policy recommendations.en_US
dc.language.isoengen_US
dc.publisherAsian Development Bank Institute (ADBI) Tokyoen_US
dc.relation.ispartofseriesADB Institute Discussion Papers 95en_US
dc.subject.jelE44en_US
dc.subject.jelG15en_US
dc.subject.ddc330en_US
dc.subject.stwKapitalimporten_US
dc.subject.stwKapitalverkehrspolitiken_US
dc.subject.stwThailanden_US
dc.titleManaging capital flows: The case of Thailanden_US
dc.typeWorking Paperen_US
dc.identifier.ppn569570654en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:ADB Institute Discussion Papers, Asian Development Bank Institute

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