Credit and Security in Thailand

Credit and Security in Thailand

Author: Čhitti Tingsaphat

Publisher: St. Lucia : University of Queensland Press ; New York : Crane, Russak

Published: 1974

Total Pages: 176

ISBN-13:

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Monograph of commentary on commercial law and civil law provisions (as of 31 mar 1972) and practice concerning development banking, financing and credit for private sector industrial development in Thailand - includes references.


Land and Loyalty

Land and Loyalty

Author: Tomas Larsson

Publisher: Cornell University Press

Published: 2012-06-15

Total Pages: 223

ISBN-13: 0801464552

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Domestic and international development strategies often focus on private ownership as a crucial anchor for long-term investment; the security of property rights provides a foundation for capitalist expansion. In recent years, Thailand's policies have been hailed as a prime example of how granting formal land rights to poor farmers in low-income countries can result in economic benefits. But the country provides a puzzle: Thailand faced major security threats from colonial powers in the nineteenth century and from communism in the twentieth century, yet only in the latter case did the government respond with pro-development tactics. In Land and Loyalty, Tomas Larsson argues that institutional underdevelopment may prove, under certain circumstances, a strategic advantage rather than a weakness and that external threats play an important role in shaping the development of property regimes. Security concerns, he find, often guide economic policy. The domestic legacies, legal and socioeconomic, resulting from state responses to the outside world shape and limit the strategies available to politicians. While Larsson’s extensive archival research findings are drawn from Thai sources, he situates the experiences of Thailand in comparative perspective by contrasting them with the trajectory of property rights in Japan, Burma, and the Philippines.


Thailand

Thailand

Author: International Monetary Fund. Monetary and Capital Markets Department

Publisher: International Monetary Fund

Published: 2019-10-07

Total Pages: 136

ISBN-13: 1513516485

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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.


Access to Capital in Rural Thailand

Access to Capital in Rural Thailand

Author: Xavier Gine

Publisher: World Bank Publications

Published: 2005

Total Pages: 41

ISBN-13:

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"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending institutions such as government or commercial banks, and more recently, micro-lending institutions. Second, potential borrowers presumably face sizable transaction costs obtaining external credit. The author develops and estimates a model based on limited enforcement and transaction costs that provides a unified view of those facts. The results show that the limited ability of banks to enforce contracts, more than transaction costs, is crucial in understanding the observed diversity of lenders. This paper--a product of the Finance Team, Development Research Group--is part of a larger effort in the group to understand access to credit"--World Bank web site.


Infiltrating Society

Infiltrating Society

Author: Puangthong Pawakapan

Publisher: ISEAS-Yusof Ishak Institute

Published: 2021-01-11

Total Pages: 204

ISBN-13: 9814881724

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"Thai politics is driven by actors and actions of paradox such as anti-election movements for accountability or independent, partisan organizations. This lucidly written book uncovers the 'military-led civil affairs' that earn the armed forces the omnipotent role in Thai society. It enriches our understanding of the Thai military in both empirical and theoretical ways. Empirically, the book illuminates how the soldiers have been intensively involved in supposedly civic activities ranging from forest land management to poverty reduction. Such long-lasting and extensive involvement means the military could mobilize the organized mass of over 500,000 strong when necessary. Theoretically, readers will learn how an ideological discourse (“threats to national security”) has been continuously redefined to serve the military’s evolving political and rent-seeking missions from the Cold War era to the twenty-first century. It also traces the persistence and mutation of this highly adaptable organization, the one that knows when to roar and when to camouflage. Still waters run deep; Thai military operations run deeper and wider."--Veerayooth Kanchoochat, Associate Professor of Political Economy, National Graduate Institute for Policy Studies (GRIPS), Tokyo “A truly monumental work about Thailand’s military from the 1960s until today, this solid study focuses upon the armed forces’ internal security role across Thai society, how the military has succeeded in legitimizing itself and boosting its power as a counterinsurgency force, guardian of monarchy and engine of development. The book also valuably looks at the military’s establishment of mass organizations beginning during the Cold War and mobilization of royalists since 2006. The book thus illustrates how the military has been able to enhance and sustain its overwhelming influence and is thus a valuable study for anyone wanting to understand key power-brokers in Thailand.”— Dr Paul Chambers, Center of ASEAN Community Studies, Naresuan University, Thailand.


Doing Business 2020

Doing Business 2020

Author: World Bank

Publisher: World Bank Publications

Published: 2019-11-21

Total Pages: 241

ISBN-13: 1464814414

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.