Locate family members with the last name APICHAT-SATITNIRAMAI.

ADVISOR APICHAT SATITNIRAMAI is an academic who published a paper in 2014 entitled Financial policies of the Bank of Thailand (BOT) and financial development of Thailand 1962-1996. ADVISOR APICHAT SATITNIRAMAI published this work as part of a team: Poramet Rangsipol. Here is a description of this work: Thi,, thesis tests the financial development policies implemented by the Bank of Thailand (BOT) from 1962 to 1996. In particular, two questions are answered in this study: Did those policies contribute positively or negatively to financial development? If so, why did the BOT's financial policies exhibit such effect on financial development? The first question is initially answered by relying on two theoretical frameworks. The first theory, financial intervention theory (Courakis, 1984, Demetriades and Luintel, 1996a), argues that states should impose the proper lending rate ceiling since it will lead to the expansion of financial activities in the monopoly/oligopoly market structure. The second theory, financial restraint theory (Hellmann et al. 1997), argues that states should create rents for financial institutions because the market ha.