01780cas a2200241 a 4500 AALejournalIMF010162 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451930078 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Distressed Financial Institutions in Thailand : Structural Weaknesses. Support Operations and Economic Consequences. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (46 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Thai financial system faced a crisis in 1983. Weak managerial practices and an inadequate legal and regulatory framework were associated with a gradual deterioration in many financial institutions' balance sheets; these weaknesses were brought to the fore by a sharp economic downturn in the first half of the 1980s. The Thai authorities took a number of measures to maintain stability in the financial system and to restructure insolvent financial institutions, including a substantial strengthening in the legal and regulatory framework. The crisis has impacted on the government budget deficit and caused shifts in the demand for financial aggregates and the supply of reserve money. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/004 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/004/001.1989.issue-004-en.xml IMF e-Library