Roles of Mutual Fund on Economic Development in Thailand

Authors

  • Wisit Chaisrisawatsuk Assistant Professor of Economics, Graduate School of Development Economics, National Institute of Development Administration (NIDA), Serithai Road, Klong-Chang, Bangkapi, Bangkok, 10240, Thailand
  • Santi Chaisrisawatsuk Assistant Professor of Economics, Graduate School of Development Economics, National Institute of Development Administration (NIDA), Serithai Road, Klong-Chang, Bangkapi, Bangkok, 10240, Thailand

Keywords:

Mutual Fund Market, Macroeconomic Trend, Thailand

Abstract

This paper aims analyzing roles of mutual fund market on economic
development in Thailand. Our results show that mutual fund has been playing an
important role for being a cheap source of fund for a number of maga-projects.
Benefi ts of mutual fund are not only for savers/investors in a particular, but also
for serving investment projects in basic infrastructure, enhancing social welfare, and
reducing social inequality that are all necessary conditions for long-term economic
sustainability

Published

2013-07-01

Issue

Vol. 7 No. 2 (2013): NIDA Economic Review Journal

Section

Articles

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