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Sep. 7--Steady economic growth over the past several years has yet to lead to financial imbalances, according to Bank of Thailand economists.
But policymakers need to put in place mechanisms to ensure that economic stability is maintained.
Hundreds of top economists attended yesterday's opening of the 2004 central bank economic symposium, titled "Safeguarding Economic Stability: The Role of Public Policy".
Yanyong Thaicharoen, a central bank economist, said in a presentation that household debt, at 32 percent of gross domestic product, remained lower than in many other countries.
Yet a survey by the central bank and the University of ...