Thailand

Thailand
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
Total Pages: 136
Release: 2019-10-07
Genre: Business & Economics
ISBN: 1513516485

This Financial System Stability Assessment paper on Thailand highlights that assets of the insurance and mutual fund sectors have doubled as a share of gross domestic product over the last decade, and capital markets are largely on par with regional peers. The report discusses significant slowdown in China and advanced economies, a sharp rise in risk premia, and entrenched low inflation would adversely impact the financial system. Stress tests results suggest that the banking sector is resilient to severe shocks and that systemic and contagion risks stemming from interlinkages are limited. Financial system oversight is generally strong, but the operational independence of supervisory agencies can be strengthened further. The operational independence of supervisory agencies can be strengthened further by reducing the involvement of the Ministry of Finance in prudential issues and ensuring that each agency has full control over decisions that lie within its areas of responsibility.

Sex Trafficking

Sex Trafficking
Author: Siddharth Kara
Publisher: Columbia University Press
Total Pages: 328
Release: 2009
Genre: Business & Economics
ISBN: 9780231139601

At the end of 2006, there were 28.4 million slaves in the world, 1.2 million of whom were women and children abducted, deceived, or sold into forced prostitution. Kara quantifies the growth and profitability of sex trafficking, shares the stories of victims, and reveals the shocking conditions of their exploitation.

The Chinese migr‚s of Thailand in the Twentieth Century

The Chinese migr‚s of Thailand in the Twentieth Century
Author: Disaphol Chansiri
Publisher: Cambria Press
Total Pages: 250
Release: 2008
Genre: History
ISBN: 1934043745

examines Thai-Chinese relations, dating back to the first Thai dynasty (Sukhothai) to the present (Ratanakosin). The study explores the Thai domestic policies that have affected the Chinese population since World War II and assimilation policies of the Thai government towards the Chinese. This book also analyzes both Skinner's and Chan and Tong's arguments, and their main idea in the context of the present day environment and situation for the ethnic Chinese. This research supports the Skinnerian paradigm, which asserts that "a majority of the descendants of Chinese immigrants in each generation merge with Thai society and become indistinguishable from the indigenous population to the extent that fourth-generation Chinese are practically non-existent." The validation of the Skinnerian paradigm rejects Chan and Tong's hypothesis, which claims that Skinner has "overemphasized the forces of assimilation" and that the Chinese in Thailand have not assimilated but retained their Chinese identity. To support Skinner's assertion and reject Chan and Tong's argument, this book presents rich empirical data collected via surveys conducted with the ethnic Chinese in Thailand from 2003-2004. This study uncovers that the forces of assimilation occur at two levels. On the first level, the Chinese in Thailand possess natural attributes which facilitate social and cultural integration and assimilation into Thai society. On the second level, government pro-assimilation policies, driven by the bilateral relations between Thailand and China and the political situation in both countries, are also responsible for the assimilation of the Chinese in Thailand. As the most current in-depth study on the Chinese in Thailand, The Chinese Émigrés of Thailand in the Twentieth Century is a critical addition for all collections in Asian Studies as well as Ethnic and Immigrant Studies.

Global Waves of Debt

Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
Total Pages: 403
Release: 2021-03-03
Genre: Business & Economics
ISBN: 1464815453

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Financial Sector Crisis and Restructuring

Financial Sector Crisis and Restructuring
Author: Carl-Johan Lindgren
Publisher:
Total Pages: 103
Release: 1999
Genre: Business & Economics
ISBN: 9781557758712

An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.

Managing Financial Crises

Managing Financial Crises
Author: Mr.Charles Collyns
Publisher: International Monetary Fund
Total Pages: 131
Release: 2003-04-10
Genre: Business & Economics
ISBN: 1589062086

This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that there is no quick or easy fix in the face of a wide-ranging crisis involving both acute external financing pressures and rapidly changing asset prices that undermine financial stability and household and corporate balance sheets. In the end, effective solutions depend on developing a comprehensive strategy combining the full range of fiscal, monetary, financial system, and debt policy instruments. Recent experience with crises has had important implications for the IMF’s work in assessing crisis vulnerabilities. IMF surveillance work has been strengthened and a more objective framework has been developed for assessing debt sustainability, and this approach continues to be refined.

Area Handbook for Thailand

Area Handbook for Thailand
Author: American University (Washington, D.C.). Foreign Areas Studies Division
Publisher:
Total Pages: 586
Release: 1966
Genre: Thailand
ISBN:

The Damage Done

The Damage Done
Author: Warren Fellows
Publisher: Pan Australia
Total Pages: 228
Release: 1999-02-01
Genre: Biography & Autobiography
ISBN: 174262930X

In 1978 Warren Fellows, Paul Hayward and William Sinclair were convicted of heroin trafficking between Thailand and Australia. They were sentenced to life imprisonment in Bangkok's notorious Bang Kwang men's prison, the Bangkok Hilton. For Warren Fellows, it was the beginning of twelve years of hell. The Damage Done takes you behind the bars of a Bangkok prison. A place where sewer rats and cockroaches are the only nutritious food, where autocratic prison guards giggle as they deliver pulverising blows and where the worst punishment by far is the khun deo - solitary confinement, Thai style. Brutally honest and repentant of his initial crime, Warren talks about the decade of his life he lost in leg irons. The Damage Done is a brave and compelling book that poses harrowing questions on the nature of justice. 'Not a book for the fainthearted...A gut-wrenching confessional of endless days and nights in purgatory.' HERALD SUN 'Exceptionally readable' THE AUSTRALIAN