Trade Liberalization and Government Finances in Thailand
Author: Chadin Rochananonda
Publisher:
Published: 2004
Total Pages: 194
ISBN-13:
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Author: Chadin Rochananonda
Publisher:
Published: 2004
Total Pages: 194
ISBN-13:
DOWNLOAD EBOOKAuthor: Tientip Subhanij
Publisher:
Published: 2000
Total Pages:
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DOWNLOAD EBOOKAuthor: Pornpen Sodsrichai
Publisher:
Published: 1993
Total Pages: 282
ISBN-13:
DOWNLOAD EBOOKAuthor: Pakō̜n Witchayānon
Publisher:
Published: 1994
Total Pages: 120
ISBN-13:
DOWNLOAD EBOOKAuthor: Sahawarat Polahan
Publisher:
Published: 2020
Total Pages: 279
ISBN-13:
DOWNLOAD EBOOKThis study strives to understand the variance in financial liberalization, particularly the liberalization of trade in banking services in Thailand. Drawing from perspectives of economic theory, political science, and sociology, this study has developed a theory which predicts that educational background and career experience of banking regulators help explain variations in Thailand's banking sector openness. Banking regulators are vital actors as they can influence economic returns of foreign banks through rules and regulations concerning terms of entry, operations, or exit of foreign banks, even before any new governments are formed or new laws are made. This study has found empirical evidence which suggests that moves towards increased openness of domestic banking system of Thailand is most likely when banking regulators have educational background in economics and career background in the public sector, particularly in the ministry of finance and central bank. Whereas, the moves towards decreased openness domestic banking system of Thailand to foreign competition is less likely when banking regulators have educational background in non-economics and career background in the private banking sector. A key implication of this research is that banking regulator's educational and career backgrounds can have important effects on the country's banking sector openness. The ambition of this study is not only to raise awareness about the growing importance of regulatory agencies in our societies, but also about the normative question of whether public policy should be conducted by discretion.
Author: Songporn Hansanti
Publisher: Springer Science & Business Media
Published: 2008-07-22
Total Pages: 228
ISBN-13: 379082044X
DOWNLOAD EBOOKThis book reviews the contemporary issues in international monetary and financial economics (such as financial liberalisation, crisis, exchange rate determination, capital control, domestic capital market reform, etc.) in an emerging financial market such as Thailand from a welfare economic p- spective, highlighting the social welfare implications of these issues. This 3 book also suggests a normative social approach (as formalised in the new welfare economics paradigm) (see Islam 2001a,b for a discussion of this ; concept) for analysing and addressing these issues and formulating appr- riate policies. Undertaking the above tasks, the asymmetric information paradigm 3 and other elements of the new welfare economics paradigm are adapted in analysing the international financial issues of Thailand, their causes and economic and social welfare consequences. The last two decades have been a critical period for Thailand’s dev- opment. From the mid-1980s to the beginning of the 1990s, the Thai economy performed remarkably well and was a showcase for the world economy. Having achieved a double-digit growth rate for a brief period, Thailand in the late 1980s was regarded as the fastest growing economy in the world by the World Bank and the IMF. With prospects of further rapid economic growth, the Thai government accepted Article VIII of the IMF, which required Thailand to liberalise and deregulate its financial system.
Author: Sompoch Anankusri
Publisher:
Published: 1997
Total Pages: 132
ISBN-13:
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Publisher:
Published: 2008
Total Pages:
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DOWNLOAD EBOOKAuthor: Romain Wacziarg
Publisher: Edward Elgar Publishing
Published: 2018
Total Pages: 0
ISBN-13: 9781788111492
DOWNLOAD EBOOKThis compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.