IMF encourages Thailand to loosen reins on baht

Article Abstract:

The IMF sees a more flexible exchange-rate system as the solution to Thailand's monetary problems. In a confidential report prepared in June 1996, the IMF cited the Bank of Thailand's weak monetary policy as the cause of the problem. The IMF recommends the implementation of more flexible monetary controls to stop the flow of short-term capital to boost the value of the baht. It advised Thailand not to worry about devaluation and focus on improving its currency policy.

Administration of General Economic Programs, Currency Stabilization Programs, Evaluation, International Monetary Fund, Reports, Thailand, Economic policy, Monetary policy, Currency stabilization

---

Property market's swoon may be good medicine

Article Abstract:

The Japanese real estate industry has been suffering from a continued four-year decline in land prices and this has had some effect on the nation's recovery from the recent recession. However, some analysts are contending that this decline is actually a positive development. It has been suggested that lower land prices would have an adverse impact in the short term but it could also help boost future growth.

Real Estate, Real Estate and Rental and Leasing, Japan, Prices and rates, Real property

---

Similar abstracts:

• Abstracts: Japan introduces measures to burst the yen bubble. Experts offer a wide range of suggestions on how Japan can revive its economy
• Abstracts: Arcane laws severely distort property market in Bombay, escalating cost for foreign firms. Pakistan's fragile finances almost tripped on the slow, rocky road of economic reforms
• Abstracts: Pagan's historic temples offer a peek at the heavens. U.S. tobacco companies target India, counting on a shift to cigarette smoking
• Abstracts: Singapore takes bold steps to cool speculation in property market. Boat trip into Laos offers glimpse of traditional life
• Abstracts: Squaring the circle. Spaceship earth makes weekend landing at AA. Green building materials

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.