IMPACT OF THE ECONOMIC CRISIS ON THE THAI INSURANCE

Authors

  • Thanadom Lokaphadhana Assumption University

Abstract

In the early 1990s, Thailand enjoyed a high growth rate in the economy with real GDP of over 8%. The poor fundamentals of the country combining with the accumulated current account deficit turned the Thai economy into recession in 1997 with a considerably weakened Thai Baht and a weakened financial position in the international money market. 

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Published

30-06-2000

Issue

Vol. 5 No. 1 (2000): The Journal of Risk Management and Insurance

Section

Research Articles

License

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