21st Century Thailand: Facing the Challenge : Economic Policy & Strategy |
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However , domestic demand was only slowly picking up as the internal economic
conditions were undermined by fragile confidence , large corporate and fiscal
debt overhang , negative credit growth , and very low industrial utilisation .
However , domestic demand was only slowly picking up as the internal economic
conditions were undermined by fragile confidence , large corporate and fiscal
debt overhang , negative credit growth , and very low industrial utilisation .
˹éÒ 56
Meanwhile , steady NPL resolution , improving corporate performance , and
rising capacity utilisation bolstered private investment growth from 4 . 7 % in 2001
to 13 . 2 % and 17 . 9 % in 2002 and 2003 respectively . Coupled with an export ...
Meanwhile , steady NPL resolution , improving corporate performance , and
rising capacity utilisation bolstered private investment growth from 4 . 7 % in 2001
to 13 . 2 % and 17 . 9 % in 2002 and 2003 respectively . Coupled with an export ...
˹éÒ 58
5 The resumption of domestic demand as well as robust export performance has
led to steady improvement in the manufacturing capacity utilisation rate over the
past three years . CAPACITY UTILISATION RATE1 1995 1996 1997 1998 77 .
5 The resumption of domestic demand as well as robust export performance has
led to steady improvement in the manufacturing capacity utilisation rate over the
past three years . CAPACITY UTILISATION RATE1 1995 1996 1997 1998 77 .
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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