21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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Introduction : Crisis and renewal aco hailand ' s 20th Century pursuit of a
traditional export - led growth strategy provided spectacular economic successes
. Real annual GDP growth averaged around 9 . 5 % during 1988 - 96 , one of the
...
Introduction : Crisis and renewal aco hailand ' s 20th Century pursuit of a
traditional export - led growth strategy provided spectacular economic successes
. Real annual GDP growth averaged around 9 . 5 % during 1988 - 96 , one of the
...
˹éÒ 35
Fourth strategy : Providing a stable and supportive macroeconomic environment
to facilitate growth while maintaining overall policy discipline As domestic
demand remained relatively weak after the crisis , it was important to provide a ...
Fourth strategy : Providing a stable and supportive macroeconomic environment
to facilitate growth while maintaining overall policy discipline As domestic
demand remained relatively weak after the crisis , it was important to provide a ...
˹éÒ 41
Monetary policy Strategic steps to adopt and implement an appropriate monetary
policy framework Following the onset of the crisis , Thailand ' s fixed exchange
rate had to be abandoned and its foreign exchange policy shifted to a managed ...
Monetary policy Strategic steps to adopt and implement an appropriate monetary
policy framework Following the onset of the crisis , Thailand ' s fixed exchange
rate had to be abandoned and its foreign exchange policy shifted to a managed ...
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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