Thailand [electronic resource] : Selected Issues and Statistical Appendix.
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TextSeries: IMF Staff Country Reports, Country Report ; No. 02/195Publication details: Washington, D.C. : International Monetary Fund, 2002Description: 1 online resource (120 p.)ISBN: 1451836783 :ISSN: 1934-7685Subject(s): Debt | Interest Rates | International Monetary Fund | Monetary Policy | Statistics | ThailandAdditional physical formats: Print Version:: Thailand : Selected Issues and Statistical AppendixOnline resources: IMF e-Library | IMF Book Store Abstract: This Selected Issues paper and Statistical Appendix examines the channels of monetary policy transmission in Thailand. The main findings are that changes in monetary policy are associated with changes in real output, and that the main channel for transmission is not bank lending but asset prices. The paper takes stock of the performance of the Thai corporate sector emerging from the crisis and discusses remaining challenges and vulnerabilities. An assessment of Thailand's fiscal vulnerability is also presented.
This Selected Issues paper and Statistical Appendix examines the channels of monetary policy transmission in Thailand. The main findings are that changes in monetary policy are associated with changes in real output, and that the main channel for transmission is not bank lending but asset prices. The paper takes stock of the performance of the Thai corporate sector emerging from the crisis and discusses remaining challenges and vulnerabilities. An assessment of Thailand's fiscal vulnerability is also presented.
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