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Author:Warner, A.
Title:Scandal spurs a shake-out
Journal:Banker
1996 : DEC, VOL. 146:850, p. 65-67
Index terms:BANKING
THAILAND
ECONOMIC GROWTH
Language:eng
Abstract:Bangkok has brought in a new coalition government after a year of scandals and slowing economic growth. Thailand has had a tough year. It has been battered and bruised by political and banking scandals, and slowing economic growth, a continuing substantial current account shortfall, attacks on the baht and the downgrading of its short-term debt by US rating agency= Moody's. Waning public confidence in the coalition government forced it to call new elections, held on 17 November.
SCIMA record nr: 155251
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