21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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˹éÒ 77
These factors have played a significant role in increasing household
consumption and household debt . Moreover , the easing monetary policy stance
has encouraged consumer purchasing of durable goods . The historically low
interest rate ...
These factors have played a significant role in increasing household
consumption and household debt . Moreover , the easing monetary policy stance
has encouraged consumer purchasing of durable goods . The historically low
interest rate ...
˹éÒ 79
However , household borrowing for consumption includes loans for purchasing
fixed assets , such as houses , automobiles , and mobile communication devices
, as well as for refinancing previously incurred formal and informal debt .
However , household borrowing for consumption includes loans for purchasing
fixed assets , such as houses , automobiles , and mobile communication devices
, as well as for refinancing previously incurred formal and informal debt .
˹éÒ 80
evidence reflects that consumption loans for durable goods had a big share in
total consumption loans , and also suggests that Thai consumer behaviour has
maintained a significant share of fixedasset investment in household expenditure
...
evidence reflects that consumption loans for durable goods had a big share in
total consumption loans , and also suggests that Thai consumer behaviour has
maintained a significant share of fixedasset investment in household expenditure
...
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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