21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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Fiscal sustainability can be ensured by faster revenue growth , represented by
GDP growth outstripping the average cost of borrowing which implies a strong
Government ability to service debt payments . Given the current growth and
public ...
Fiscal sustainability can be ensured by faster revenue growth , represented by
GDP growth outstripping the average cost of borrowing which implies a strong
Government ability to service debt payments . Given the current growth and
public ...
˹éÒ 77
In addition , one also needs to take into account that a large part of the borrowing
has been used to finance household businesses and fixed - asset investments
such as housing , which should not be viewed as one - period consumption .
In addition , one also needs to take into account that a large part of the borrowing
has been used to finance household businesses and fixed - asset investments
such as housing , which should not be viewed as one - period consumption .
˹éÒ 113
2 ) The Village The government ' s National Village Fund Office At the end of Feb
2004 : Fund borrowed Bt80bn from the ... The borrowing from the GSB is
Members have repaid Bt109 . 23bn of included in public debt figures as SOE
debt ...
2 ) The Village The government ' s National Village Fund Office At the end of Feb
2004 : Fund borrowed Bt80bn from the ... The borrowing from the GSB is
Members have repaid Bt109 . 23bn of included in public debt figures as SOE
debt ...
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Policy strategy and implementation | 14 |
Policy outcomes and achievements | 55 |
Puzzles in the recent success story | 86 |
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activities Agreement agricultural aims Asian assets average balance Bank of Thailand borrowing budget capacity capital compared competitiveness confidence consumer consumption continue cooperation corporate cost countries create crisis current account demand domestic domestic demand economic effectively efficiency enhance enterprises entrepreneurs especially established existing expand expected expenditure exports external Farm financial institutions fiscal force foreign framework Fund future global Government growth household debt implemented important improve income increased industries informal sector initiatives interest investment labour lending loans macroeconomic manufacturing measures Ministry negotiating NPLs Office opportunities past planned position problems programme promote public debt recovery reduce reform regional restructuring result rise role saving SMEs Source spending stability strategy strengthen strong structure sustainability tariff Thai Thai economy tourism trade Village workers