The paper then looks at crisis resolution measures that were adopted immediately after
the crisis in Section 3. Lessons and more fundamental reforms of monetary policy and the
†Correspondence: Chalongphob Sussangkarn, Thailand Development Research Institute, 565 Soi
Ramkhamhaeng 39, Wangthonglang District, Bangkok 10310, Thailand. Email: chalongp@tdri.or.th
financial system are covered in Section 4, and the lessons that appear to have not yet been
learned and new types of risks to economic stability are covered in Section 5.
The paper then looks at crisis resolution measures that were adopted immediately after
the crisis in Section 3. Lessons and more fundamental reforms of monetary policy and the
†Correspondence: Chalongphob Sussangkarn, Thailand Development Research Institute, 565 Soi
Ramkhamhaeng 39, Wangthonglang District, Bangkok 10310, Thailand. Email: chalongp@tdri.or.th
financial system are covered in Section 4, and the lessons that appear to have not yet been
learned and new types of risks to economic stability are covered in Section 5.
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