Corinne Deléchat

2 weeks ago | imf.org | Corinne Deléchat |SeungHwan (Shane) Kim |Ying Xu

Thailand Can Ease Household Debt Burden by Using Coordinated Approach By Corinne Deléchat, Seunghwan Kim, Ying Xu Countries have durably reduced household debt by lowering the stock of existing obligations while preventing excessive new borrowing, our case studies show Thailand’s elevated level of household debt contributed to delaying the country’s post-pandemic recovery, which took longer than in other economies in the region.