Is Thai Banking Ready for AEC Financial Liberalization in 2020?
نویسندگان
چکیده
منابع مشابه
Managing Financial Liberalization in Turkey: Consistent Banking Regulation
Liberalization is not a spontaneous process the outcome which should be accepted as inevitable as if it is a destiny. On the contrary, liberalization should be considered as a problem of designing an economic mechanism and finding the most appropriate transition path for the economy, under specific environmental conditions. Within this framework one can distinguish well versus ill designed prog...
متن کاملFinancial Liberalization and Efficiency in Tunisian Banking Industry: Dea Test
IMF policies have been widely criticized in the aftermath of the Asian crisis. Key critics questioned the appropriateness and the sequencing of financial liberalization programs which, along with insufficient monitoring and inadequate prudential regulations, left the financial sectors of the affected countries highly leveraged and exposed. This paper examines the impacts of similar reforms on t...
متن کاملFinancial Liberalization, Competition and Sound Banking: Theoretical and Empirical Essays
Previous studies seem to agree that increased competition would cause riskier banking behavior. This dissertation shows that when competition intensiÞes, banks have greater incentives for screening loan applicants, and thus loan quality may improve. In addition, competition fosters banks to rely less on collateral requirements. Hence, banks may be less vulnerable to asset price shocks. The empi...
متن کاملFinancial liberalization, prudential supervision, and the onset of banking crises
We examine what is perceived as one of the main culprits in the occurrence of banking crises: financial liberalization. As is typically argued, if liberalization is accompanied by insufficient prudential supervision of the banking sector, it will result in excessive risk taking by financial intermediaries and a subsequent crisis. Having evaluated the empirical validity of this hypothesis, we co...
متن کاملFinancial Liberalization
Financial liberalization has led to financial deepening and higher growth in several countries. However, it has also led to a greater incidence of financial crises. Here, we review the empirical evidence on these dual effects of financial liberalization across different groups of countries. We then present a conceptual framework that explains why there is a trade-off between growth and incidenc...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Asian Social Science
سال: 2016
ISSN: 1911-2025,1911-2017
DOI: 10.5539/ass.v12n5p226