Financial Systems in Developing Economies: Growth, Inequality and Policy Evaluation in Thailand

Hardcover | January 15, 2011

byRobert M. Townsend

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Unique in its approach and in the variety of methods and data employed, this book is the first of its kind to provide an in-depth evaluation of the financial system of Thailand, a proto-typical Asian developing economy. Using a wealth of primary source qualitative and quantitative data,including survey data collected by the author, it evaluates the impact of specific financial institutions, markets for credit and insurance, and government policies on growth, inequality, and poverty at the macro, regional, and village level in Thailand. Useful not only as a guide to the Thaieconomy but more importantly as a means of assessing the impact that financial institutions and policy variation can have at the macro- and micro-level, including the distribution of gains and losses, this book will be invaluable to academics and policymakers with an interest in developmentfinance.

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Unique in its approach and in the variety of methods and data employed, this book is the first of its kind to provide an in-depth evaluation of the financial system of Thailand, a proto-typical Asian developing economy. Using a wealth of primary source qualitative and quantitative data,including survey data collected by the author, it ...

Prof. Townsend is the Elizabeth and James Killian Professor of Economics in the Department of Economics at MIT. Prior to that, he was the Charles E. Merriam Distinguished Service Professor in the Department of Economics at the University of Chicago where he remains a Research Professor. His contributions in theory include the revelati...

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Format:HardcoverDimensions:352 pagesPublished:January 15, 2011Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199533237

ISBN - 13:9780199533237

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Table of Contents

Preface1. Growth, Inequality, Poverty, and Financial Deepening2. Conceptual Frameworks for Measurement3. Disparities among Regional Economies - Spatial (Dis)Aggregation4. Micro Kuznets and Macro TFP Decompositions5. Driving Forces - Occupation, Financial Access, Education6. Integrated Micro Macro Models with Dual Financial Sectors7. Neoclassical Benchmarks and Anomalies for Those with Access8. Impacts - Experimental and Econometric Program Evaluations9. Obstacles to Trade, Enhanced Models of Selection, and the Impact of Policy Variation