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Thailands Economic Recovery
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Book Synopsis Thailand's Economic Recovery by : Cavan Hogue
Download or read book Thailand's Economic Recovery written by Cavan Hogue and published by Institute of Southeast Asian Studies. This book was released on 2006-06-01 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thailand is a society in political, economic and social transition. Change is happening to varying degrees-at the national level and at the regional level where there are contrasting issues. Changes are positive, some are negative. This book looks at the various aspects of change as it impacts on business and the lives of the people.
Book Synopsis Thailand's Growth Path by : Kaspar Richter
Download or read book Thailand's Growth Path written by Kaspar Richter and published by World Bank Publications. This book was released on 2006 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
Book Synopsis Thailand Beyond the Crisis by : Peter Warr
Download or read book Thailand Beyond the Crisis written by Peter Warr and published by Routledge. This book was released on 2004-09-09 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thailand Beyond the Crisis includes recent research to give an accurate and up to date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand and ended a decade of sustained economic boom. This book identifies the role of policy errors involving both the Thai government and the IMF that lead to the crash of the fastest growing economy in the world. Warr addresses the consequences of the crisis, including sharply increased poverty incidence and a backlog of non- performing loans which clogged the banking system, delaying recovery. Key content includes: * the Social Consequences of the crisis, and alternatives * public sector reform * implications of a floating exchange rate * education * urbanisation and the environment.
Book Synopsis Future Challenges for the Economic Recovery of Thailand by : OECF.
Download or read book Future Challenges for the Economic Recovery of Thailand written by OECF. and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Thailand's Growth Path by : Kaspar Richter
Download or read book Thailand's Growth Path written by Kaspar Richter and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Reflections on the economy : an economist's view of Thailand's recent past by : Kriengsak Chareonwongsak
Download or read book Reflections on the economy : an economist's view of Thailand's recent past written by Kriengsak Chareonwongsak and published by . This book was released on 2005 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Thailand Economic Monitor, July 2021 by : Weltbankgruppe
Download or read book Thailand Economic Monitor, July 2021 written by Weltbankgruppe and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Successive waves of COVID-19 disrupted the Thai economy in the first half of 2021, but their impact was mitigated by recovering global demand and substantial fiscal support. After a second wave of COVID-19 infections began in late 2020, the government strengthened public health and social distancing measures to contain the renewed spread of the virus. The shock of the second wave caused the economy to contract by -2.6 percent, year-on-year (yoy), in Q1 2021, following a 6.1 percent drop in GDP in 2020 which was one of the steepest contractions among Association of Southeast Asian Nations (ASEAN) member states. While private investment and manufacturing production recovered to near pre-COVID levels in the first quarter of 2021, weakness in the services and agricultural sector persisted. A third wave of infections that emerged in April 2021 has proven especially severe, and the number of cases surged to over 3,000 per day in May-June 2021. Strict containment measures have reduced mobility and negatively affected consumption and business sentiment. Activity in the tourism sector has remained negligible, and the outlook is clouded by the ongoing impact of COVID-19 across the region, the emergence of new variants, and slow progress on vaccination. However, rebounding goods exports have provided substantial support to the Thai economy, driven by recovering global demand for automotive parts, electronics, machinery, and agricultural products. Cash transfers, public health initiatives, economic recovery programs and other forms of fiscal support have helped shore up private demand while supporting consumption among vulnerable households and attenuating the impact of the crisis on poverty. Going forward, government will need to invest in strengthening the social protection system. Prior to the pandemic social assistance benefits were not very generous and often inadequate to protect the poor. The largest social assistance programs were categorically targeted, and only recently is poverty targeting becoming more prominent. In the years to come it should be a priority to ensure that vulnerable beneficiaries receive adequate support and given the limited fiscal space would also require significant investments in effective targeting. The crisis also further underscores the need to ensure that the social protection system covers the large informal sector in Thailand at all times, not only during crises.
Book Synopsis Economic Crisis and Recovery in Thailand by : Chalongphob Sussangkarn
Download or read book Economic Crisis and Recovery in Thailand written by Chalongphob Sussangkarn and published by . This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a brief discussion of the adjustment to the crisis in Thailand and the key measures followed as part of the IMF program. Evaluates the overall strategy of the IMF program and gives some suggestions.
Book Synopsis Future Challenges for the Economic Recovery of Thailand by :
Download or read book Future Challenges for the Economic Recovery of Thailand written by and published by . This book was released on 1998 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Future Challenges for the Economic Recovery Ff Thailand by : Overseas Economic Cooperation Fund
Download or read book Future Challenges for the Economic Recovery Ff Thailand written by Overseas Economic Cooperation Fund and published by . This book was released on 1998 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competitiveness and Sustainable Economic Recovery in Thailand by : Johanna Witte
Download or read book Competitiveness and Sustainable Economic Recovery in Thailand written by Johanna Witte and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Thailand’s Economic Dilemmas in Post-Pandemic Asia by : Richard Yarrow
Download or read book Thailand’s Economic Dilemmas in Post-Pandemic Asia written by Richard Yarrow and published by ISEAS-Yusof Ishak Institute. This book was released on 2022-09-30 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Thailand’s health system has fared relatively well through the COVID-19 pandemic, the country’s economy faced significant strains and likely a harsher downturn than other economies in Southeast Asia. In particular, the services sector—heavily reliant on international tourism—suffered, and debt levels worsened substantially during the pandemic. Thailand’s economy has steadily recovered following the peak of the pandemic in 2020, with greater optimism coming from the growing trade in goods and growing investments from China and Japan. The tourism sector has also steadily regained strength since the worst points of the pandemic. Despite these recent positive turns, Thailand still faces daunting long-term economic and societal challenges, many of which were exacerbated by the COVID-19 pandemic. Household finances appear increasingly stressed and debt levels have risen sharply across the economy. It is unlikely that Thailand will be able to return its tourism industry to 2019 conditions for the next several years. Meanwhile, deteriorating demographics and education enrolments pose serious threats to long-term macroeconomic prospects. Thailand’s population of young people is falling, but the country appears to lack momentum in elevating enrolment rates and improving the quality in secondary and tertiary education. The agriculture sector remains large, with some crop diversification but with limited gains in productivity, in the face of rising competition—for instance, from India and Vietnam. Policymakers may aim to revitalize Thailand’s economic prospects with policies aimed, for instance, at enhancing agricultural productivity, combining and internationalizing higher education institutions, easing restrictions on foreign investments, and promoting greater competition by smaller enterprises against large conglomerates, in addition to efforts to improve on transparency and stability, and reduce corruption, within Thailand’s political system.
Book Synopsis Thailand by : International Monetary Fund
Download or read book Thailand written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-08-20 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four years since the onset of the financial crisis, Thailand’s economic recovery remains fragile and is now threatened by a sharp slowdown in external demand. Bank and corporate sector restructuring policies have formed a key focus of the Article IV discussions. An important initiative to accelerate bank and corporate restructuring is the recent establishment of the Thai Asset Management Corporation (TAMC). An inadequate legal framework has been a major impediment to corporate debt restructuring. Even with an acceleration of bank and corporate restructuring, questions will remain about medium-term growth prospects.
Book Synopsis 21st Century Thailand by : Pansak Vinyaratn
Download or read book 21st Century Thailand written by Pansak Vinyaratn and published by . This book was released on 2004 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Thai Economy by : Kriengsak Chareonwongsak
Download or read book The Thai Economy written by Kriengsak Chareonwongsak and published by . This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working paper presented at the UWS Nepean School of Economics and Finance Seminar in April 1999, examining the Thai economy from 1986 onwards, concluding that the economy is at present in recession and looking at prospects for expansion.
Book Synopsis Thailand: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Thailand by : International Monetary
Download or read book Thailand: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Thailand written by International Monetary and published by International Monetary Fund. This book was released on 2021-06-03 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on households, businesses, and the financial system. This, together with rigorous containment measures, led to a successful flattening of the infection curve during most of 2020. Nevertheless, the pandemic has taken a large toll on the economy, potentially inducing long-term scarring and increasing inequality.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :148437651X Total Pages :71 pages Book Rating :4.4/5 (843 download)
Book Synopsis Thailand by : International Monetary Fund. Asia and Pacific Dept
Download or read book Thailand written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-06-08 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses recent developments, outlook and risk, and policies required for a long-lasting recovery of Thailand’s economy. Thailand remains resilient in the face of external and internal challenges. However, political uncertainty and structural bottlenecks cloud long-term prospects. The economy recovered in 2015 after a slowdown induced by political uncertainty. Public investment supported economic activity, particularly through community-based infrastructure projects. Monetary policy was eased in the face of below-target inflation. The credit cycle moderated, but household debt reached a historic high. Implementing high-quality fiscal stimulus, easing monetary policy, and safeguarding financial sector stability can strengthen long-term sustainability, equity, and efficiency of Thailand’s economy.
