21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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The pre - 1997 world was marked by creeping overproduction capacity all over
the place , both in the agricultural and industrial sectors . The rise of China in its
capacity to produce and reproduce effectively priced products ...
The pre - 1997 world was marked by creeping overproduction capacity all over
the place , both in the agricultural and industrial sectors . The rise of China in its
capacity to produce and reproduce effectively priced products ...
˹éÒ 2
Nevertheless , the manufacturing economy was operating at only 54.9 percent
capacity . Indeed , non - performing loans ( NPLs ) and idle assets outside the
banking system accounted for more than 30 % of GDP . So much idle capacity
made ...
Nevertheless , the manufacturing economy was operating at only 54.9 percent
capacity . Indeed , non - performing loans ( NPLs ) and idle assets outside the
banking system accounted for more than 30 % of GDP . So much idle capacity
made ...
˹éÒ 4
This decline in output greatly damaged Thailand ' s production capacity and
structure , most seriously in sectors that fed the artificial demand created by
increased incomes and wealth during the boom years . As domestic demand
collapsed ...
This decline in output greatly damaged Thailand ' s production capacity and
structure , most seriously in sectors that fed the artificial demand created by
increased incomes and wealth during the boom years . As domestic demand
collapsed ...
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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