Nobel winner: BOT supervision role should remain

Thailand should continue with its current structure whereby the Bank of Thailand supervises the banking system and not shift the role to the Ministry of Finance, according to 2004 Economic Sciences Nobel Laureate Edward Prescott.

The economics professor said the supervisory role remaining with the central bank was vital to achieve vibrant and healthy economic growth for the country.

"The separation, I think, is bad organisational design. How can the central bank that has the responsibility of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.