21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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Fifth strategy: Promoting the external sector by expanding markets, fostering
financial stability through regional and global cooperation Under the dual track
strategy, external policy is equally as important as its domestic counterpart.
Fifth strategy: Promoting the external sector by expanding markets, fostering
financial stability through regional and global cooperation Under the dual track
strategy, external policy is equally as important as its domestic counterpart.
˹éÒ 50
Many prominent economists and analysts agree that a major cause of the Asian
financial crisis in 1997 was the failure to establish strong regional bond markets.
An immature debt and capital market led Asian businesses to rely on short-term ...
Many prominent economists and analysts agree that a major cause of the Asian
financial crisis in 1997 was the failure to establish strong regional bond markets.
An immature debt and capital market led Asian businesses to rely on short-term ...
˹éÒ 51
After the financial crisis, East Asian Governments recognised the need to
strengthen economic surveillance mechanism and to create a regional self-help
mechanism. Thailand already has BSA agreements with Japan, China and Korea
of ...
After the financial crisis, East Asian Governments recognised the need to
strengthen economic surveillance mechanism and to create a regional self-help
mechanism. Thailand already has BSA agreements with Japan, China and Korea
of ...
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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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1997 financial crisis agricultural ASEAN Asia Cooperation Dialogue Asian Asset capitalisation asset prices baht balance Bangkok Bank of Thailand borrowing budget capital China CLSA commercial banks comparative advantage competitiveness consumption loans cooperation countries create current account deficit disbursement domestic demand economic recovery efficiency enhance enterprises entrepreneurs exchange rate expand expenditure exports Farm Activities FIDF financial sector fiscal consolidation fiscal policy fiscal sustainability fixed assets Framework Agreement GDP growth global Government's grassroots household debt implemented improve income increased industries informal sector interest rates investment investors labour force lending long-term macroeconomic Malaysia Ministry of Finance monetary policy negotiating NESDB NPLs percent private sector programme promote public debt public sector reduce reform regional revenue SMEs SOEs Source Specialised Financial Institutions spending stability strategy strengthen structure TAMC targets Thai economy Thai Government tourism trade utilisation Village Fund workers