21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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We designed our policies in such a way that we hoped to incrementally pick up
domestic growth , and change the structural relationship between the rural
economy and the urban economy slowly at the same time . We were fully aware
of the ...
We designed our policies in such a way that we hoped to incrementally pick up
domestic growth , and change the structural relationship between the rural
economy and the urban economy slowly at the same time . We were fully aware
of the ...
˹éÒ 4
This decline in output greatly damaged Thailand ' s production capacity and
structure , most seriously in sectors that fed the artificial demand created by
increased incomes and wealth during the boom years . As domestic demand
collapsed ...
This decline in output greatly damaged Thailand ' s production capacity and
structure , most seriously in sectors that fed the artificial demand created by
increased incomes and wealth during the boom years . As domestic demand
collapsed ...
˹éÒ 7
Inefficient production structure In the early years after the crisis , exports
rebounded strongly due to significant currency depreciation . However , the
sector faced increased competition from other low - cost powerhouse economies
such as ...
Inefficient production structure In the early years after the crisis , exports
rebounded strongly due to significant currency depreciation . However , the
sector faced increased competition from other low - cost powerhouse economies
such as ...
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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