21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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This was led by a collapse in domestic demand , fuelled partly by a freefall in
asset prices . This decline in output greatly damaged Thailand ' s production
capacity and structure , most seriously in sectors that fed the artificial demand
created ...
This was led by a collapse in domestic demand , fuelled partly by a freefall in
asset prices . This decline in output greatly damaged Thailand ' s production
capacity and structure , most seriously in sectors that fed the artificial demand
created ...
˹éÒ 36
Revitalising the Thai economy was the Government ' s main fiscal priority , and
during the critical 2001 - 02 period it used fiscal policy to stimulate domestic
demand . Once the recovery had gained adequate momentum , the Government
...
Revitalising the Thai economy was the Government ' s main fiscal priority , and
during the critical 2001 - 02 period it used fiscal policy to stimulate domestic
demand . Once the recovery had gained adequate momentum , the Government
...
˹éÒ 43
The low interest rate environment played a crucial role in stimulating domestic
demand and corporate debt restructuring because of lower interest payments .
The lower lending rates increased demand for loans , particularly consumer
loans ...
The low interest rate environment played a crucial role in stimulating domestic
demand and corporate debt restructuring because of lower interest payments .
The lower lending rates increased demand for loans , particularly consumer
loans ...
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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