IMPACT OF THE ECONOMIC CRISIS ON THE THAI INSURANCE

  • 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. 

Published
2000-06-30