Thailand's CrisisInstitute of Southeast Asian Studies, 2000 - 275 ˹éÒ This is a review of what the IMF did, who got hurt, what worked and what failed in the economic and social management of Thailand's economic crisis. It shows how political change got bound up with economic crisis, resulting in a new constitution, a seismic shift in the political landscape and greater asssertiveness by civil society. It examines how the economic turmoil changed the ways people reacted to political scandal, viewed their own society and imagined their future. The final chapters review the changes and lessons from 1997-2000 and speculate on how these changes will frame the future. |
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˹éÒ 38
... IMF package made available US $ 17.2 billion to supplement the depleted reserves . Of this amount , US $ 4 million came from the IMF and the rest mainly from Asian sources.3 Stanley Fischer , the IMF's deputy head , later admitted that the ...
... IMF package made available US $ 17.2 billion to supplement the depleted reserves . Of this amount , US $ 4 million came from the IMF and the rest mainly from Asian sources.3 Stanley Fischer , the IMF's deputy head , later admitted that the ...
˹éÒ 40
... IMF's recipe of tax increases , government spending cuts , and high interest rates caused a sharp deceleration ... IMF's presence would be a stabilizing factor . The IMF paid no attention to local criticism of the package . More ...
... IMF's recipe of tax increases , government spending cuts , and high interest rates caused a sharp deceleration ... IMF's presence would be a stabilizing factor . The IMF paid no attention to local criticism of the package . More ...
˹éÒ 59
... IMF's insistence that strict financial restructuring was a prerequisite for recovery came under steadily fiercer attack , in parallel the IMF's management of the crisis came under attack in the international arena . In August 1998 ...
... IMF's insistence that strict financial restructuring was a prerequisite for recovery came under steadily fiercer attack , in parallel the IMF's management of the crisis came under attack in the international arena . In August 1998 ...
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The Political Economy of the Thai Crisis | 14 |
Thailand and the | 35 |
Social Impact Social Safety Net Social Bailout | 69 |
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activists agenda agriculture Ammar Anand Panyarachun argued Asia Asian Aspiration Party assets Bangchak Bangkok Bangkok Bank Banharn Bank of Thailand became billion baht businessmen CALIFORNIA SANTA CRUZ central bank Chavalit Chavalit Yongchaiyudh Chuan chumchon civil society coalition collapse conglomerates constitution countries crises CRUZ The University culture currency debate debt democracy Democrat discourse early economic crisis elected elephant export farmers FIDF firms foreign funds globalization groups growth IMF's impact increased industries inflows institutions investment Japanese Krung Thai labour leaders loans major minister Ministry Miyazawa nationalist neoliberal NGOs numbers officials organizations package party Pasuk Pasuk Phongpaichit percent politicians poor Prawase Wasi programme protest provincial reform role rural scheme self-reliance social safety social safety net strategy Tarrin TDRI technocrats Thai economy Thai government Thai Rak Thai Thirayuth University Library UNIVERSITY urban village World Bank