IDEAS home Printed from https://ideas.repec.org/h/spr/spbchp/978-981-97-3771-0_7.html
   My bibliography  Save this book chapter

Conclusion

In: Post-Asian Financial Crisis Reforms in Thailand

Author

Listed:
  • Wanxue Lu

    (Kyoto University)

Abstract

This chapter outlines the principal conclusions of this study, which conducted a longitudinal, evidence-based policy analysis of the financial reforms following the Asian Financial Crisis. In the Thai commercial banking sector, the aftermath of the crisis saw the continuation of a strong oligopoly, characterized by intense competition among large local banks. The entry of mainly Asian-origin foreign banks introduced a medium-sized banking segment and, along with the rise of small banking groups funded by both local and foreign capital, restructured the banking hierarchy. Despite the diverse impacts of foreign capital, large traditional family-owned banks retained robust leadership and management structures, mitigating the effects of reduced family ownership and maintaining their competitive edge. Overall, it appears challenging to assert that Thailand’s post-crisis financial reforms—aimed at enhancing competition and advancing technological progress—have been explicitly successful. This analysis suggests that while structural changes have occurred, the intended policy goals have not been fully realized.

Suggested Citation

  • Wanxue Lu, 2024. "Conclusion," SpringerBriefs in Economics, in: Post-Asian Financial Crisis Reforms in Thailand, chapter 0, pages 147-151, Springer.
    • Handle: RePEc:spr:spbchp:978-981-97-3771-0_7
    DOI: 10.1007/978-981-97-3771-0_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:spbchp:978-981-97-3771-0_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.