The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries : The Case of Thailand

The Case of Thailand

The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries : The Case of Thailand
Emerging market countries have enjoyed an exceptionally favorable economic environment throughout 2004, 2005, and early 2006. In particular, accommodative U.S. monetary policy in recent years has helped create an environment of low interest rates in international capital markets. However, if world interest rates were to take a sudden upward course, READ MORE...

Publication date: May 2006
ISBN 9781451863703
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