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Thailand Money and Banking
Thailand's performance in managing its money and banking
affairs through successful development and diversification of its
financial institutions was impressive in the 1960s and 1970s.
However, economic imbalances in the early 1980s and the rising
tendency of governmental intervention put the financial sector
under stress, thus reducing its efficiency in resource
mobilization and allocation. Efforts to remedy the economic
imbalances in the Fifth Economic Development Plan included
restructuring monetary, exchange rate, and interest rate
policies; strengthening the open securities market; and
encouraging competition among financial institutions.
Data as of September 1987
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