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Thailand's Growth Path

Author : Kaspar Richter
Publisher : World Bank Publications
Page : 66 pages
File Size : 13,68 MB
Release : 2006
Category : Thailand
ISBN :

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"Thailand is one of the most successful developing countries. After decades of rapid growth, the economy rebounded quickly from the 1997-98 Asian crisis and is set to continue its expansion into the future. Nevertheless, there are doubts about the resilience of the Thai economy. The country appears to be on a lower growth projectory now than before the crisis. What growth can Thailand realistically expect? And what can the government do to sustain such growth into the future? Using a new methodology for identifying binding constraints to growth (Rodrik 2004 and Hausmann and others 2005), the author argues that Thailand's challenge is to maintain growth levels of 4 to 5 percent over the medium term. To achieve this goal, Thailand needs to continue its efforts of improving business infrastructure, trade integration, and skills, as well as intensifying its governance reforms."--World Bank web site.

Thailand's Growth Path

Author : Kaspar Richter
Publisher :
Page : pages
File Size : 10,4 MB
Release : 2012
Category :
ISBN :

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Thailand is one of the most successful developing countries. After decades of rapid growth, the economy rebounded quickly from the 1997-98 Asian crisis and is set to continue its expansion into the future. Nevertheless, there are doubts about the resilience of the Thai economy. The country appears to be on a lower growth projectory now than before the crisis. What growth can Thailand realistically expect? And what can the government do to sustain such growth into the future? Using a new methodology for identifying binding constraints to growth (Rodrik 2004 and Hausmann and others 2005), the author argues that Thailand's challenge is to maintain growth levels of 4 to 5 percent over the medium term. To achieve this goal, Thailand needs to continue its efforts of improving business infrastructure, trade integration, and skills, as well as intensifying its governance reforms.

The Thai Economy

Author : Chris Dixon
Publisher : Routledge
Page : 337 pages
File Size : 14,26 MB
Release : 1998-12-03
Category : Business & Economics
ISBN : 1134974868

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This volume looks at the origins and consequences of the accelerated growth of the Thai economy since the mid-1980s, and explores the factors that set Thailand apart from other Asian, African and Latin American countries.

Macroeconomic Policy for Emerging Markets

Author : Bhanupong Nidhiprabha
Publisher : Routledge
Page : 262 pages
File Size : 48,38 MB
Release : 2018-09-21
Category : Business & Economics
ISBN : 1317238133

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Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailand’s 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been done to avoid economic instability. It also examines how short-term complications can develop into perennial problems obstructing the process of economic development. The book provides an alternative approach to the study of economic growth through the inclusion of both economic history and institutional context, appealing to academics and economists who focus on economic growth, economic development, international macroeconomics, public policy study, business cycles, and the open-market economy.

Long-term Outlook of the Thai Economy

Author : Nariyasu Yamasawa
Publisher :
Page : 52 pages
File Size : 18,42 MB
Release : 1999
Category : Economic forecasting
ISBN :

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The Thai economy was in a state of confusion following the currency crisis of 1997, but has been showing signs of recovery from the second half of 1998. If this trend towards recovery continues, then how fast can we expect the economy to grow over the long-term? In this study, we use an econometric model to estimate the long-term growth path of the Thai economy.

The Fifth Tiger

Author : Robert J. Muscat
Publisher : Routledge
Page : 404 pages
File Size : 28,60 MB
Release : 2016-09-16
Category : Business & Economics
ISBN : 1315484153

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Thailand's dynamic economic development has earned it a reputation as the "Fifth Tiger" (following on the heels of the superperforming "Four Tigers" - South Korea, Taiwan, Singapore and Hong Kong). This is a study of Thailand's development experience since 1955.

Thailand

Author : Mr.Louis Dicks-Mireaux
Publisher : International Monetary Fund
Page : 52 pages
File Size : 41,56 MB
Release : 1996-12-13
Category : Business & Economics
ISBN : 9781557756039

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Since the mid-1960s, Thailand's growth performance has been exceptional. Although hard hit by the external shocks fo the late 1970s and the early 1980s that proved severely destabilizing to many developing countries, Thailand showed remarkable reslience: price stability was quickly restored, and the Thai economy emerged from this period with strong recovery in growth and investment, in an environment of overall macroeconomic stability. This study examines the evolution of investment and growth and Thailand's macroeconomic and structural policies, with a view to understanding the main factors that have led to this impressive economic performance.