Paths to recovery in Thailand and Indonesia

Abstract

This paper briefly reviews the build up to and onset of the 1987 financial crises in S. E. Asia, focusing on the experiences of Thailand and Indonesia. After emphasising the importance of banking sector restructuring and regulatory reform, progress with economic stabilisation and financial and enterprise sector restructuring in the three countries is assessed. Future prospects are then considered.

Citation

Mullineux, A., Agung, J. and Pinijkulviwat, A. (1999), "Paths to recovery in Thailand and Indonesia", Journal of Financial Regulation and Compliance, Vol. 7 No. 2, pp. 183-197. https://doi.org/10.1108/eb025007