A money market for Thailand?
Many developing countries lack an established money market. Often this is because the banking system is unsophisticated and does not require a money market, or else there may be no central bank to oversee and foster the development of a market. In the case of Thailand, an extensive banking system an...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10815 |
| Summary: | Many developing countries lack an established money market. Often this is because the banking system is unsophisticated and does not require a money market, or else there may be no central bank to oversee and foster the development of a market. In the case of Thailand, an extensive banking system and a well established central bank are both present. After considering how a money market might help in extending the range of financial services, the author examines the main instruments and characteristics that such a market might develop. This leads to some suggestions on how such a market could be established.
JEL: E41, E58, O53
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| ISSN: | 2037-3635 2037-3643 |