21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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˹éÒ 42
These ensured an orderly exchange rate movement in line with the economy ' s
underlying fundamentals . ... Therefore , after a one - time increase in the policy
rate in mid2001 to correct interest rate distortions in the money market , the Bank
...
These ensured an orderly exchange rate movement in line with the economy ' s
underlying fundamentals . ... Therefore , after a one - time increase in the policy
rate in mid2001 to correct interest rate distortions in the money market , the Bank
...
˹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 ...
˹éÒ 84
Accommodative monetary policy , reflected by a series of reductions in interest
rates , played an important role in stimulating consumption , particularly in
durable goods . The low interest rate level reduced households ' interest burden
and ...
Accommodative monetary policy , reflected by a series of reductions in interest
rates , played an important role in stimulating consumption , particularly in
durable goods . The low interest rate level reduced households ' interest burden
and ...
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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