Picking up the pieces : bank and corporate restructuring in post-1997 Thailand / Ammar Siamwalla
Imprint
Bangkok : Thailand Development Research Institute Foundation, 2001
Descript
44 p. ; 30 cm
CONTENT
Before the buble: Saving-investment nexus before 1990 ; Distress among banks and financial companies in the early 1980s ; Financial liberlization 1988-1997 -- The buble: Inverstment boom of 1991-1996: the macro picture ; Investment boom of 1991-1996: the micro picture ; Policy responses -- Into the crisis: Case of BBC ; Meltdown in the finance company sector ; Financial sector restructuring agency -- Picking up the pieces: Collapse of the baht and the entry of the International Monetary Fund (IMF) ; Cleaning up the balance-sheet: a thought experiment ; Cleaning up the financial sector's balance sheets ; Cleaning up the corporate sector's balance sheets ; Legal reforms ; Debtors' strategy ; Sting at the tail: the Thai Asset Management Company (TAMC)