Download or read book Thailand s Macroeconomic Miracle written by Peter G. Warr and published by World Bank Publications. This book was released on 1996 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 345. Focuses on financial sector reforms in the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia and provides a detailed assessment of where each country stands relative to European Union requirements for financial sector integration. The paper reviews current trends and changes in the countries' banking systems, the development of their capital markets, and the effects of changes in their legal and regulatory systems on banking supervision.
Download or read book Thailand s Economic Miracle written by Peter G. Warr and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Thai Economic Miracle written by Fadil Hisham Abdullah and published by . This book was released on 1988* with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Explaining the Thai Miracle written by Peter G. Warr and published by . This book was released on 1995 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the Southeast Asia papers in the series of 'Economics Division Working Papers'. Subtitled 'Explaining the Thai miracle: dragons, planners and other myths', this paper sets out to explore the reasons why Thailand has managed to achieve economic growth, low inflation and moderate external debt over several decades. The evidence indicates that these achievements were not due to active economic planning, but rather to automatic stabilisers operating through the structure of the fiscal system. Includes figures, tables and references. Produced by the Economics Division of the Research School of Pacific and Asian Studies of the Australian National University, Canberra.
Download or read book Thailand written by Mr. Erik Offerdal and published by International Monetary Fund. This book was released on 1996-12-13 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-1960s, Thailand's growth performance has been exceptional. Although hard hit by the external shocks fo the late 1970s and the early 1980s that proved severely destabilizing to many developing countries, Thailand showed remarkable reslience: price stability was quickly restored, and the Thai economy emerged from this period with strong recovery in growth and investment, in an environment of overall macroeconomic stability. This study examines the evolution of investment and growth and Thailand's macroeconomic and structural policies, with a view to understanding the main factors that have led to this impressive economic performance.
Download or read book The Southeast Asian Economic Miracle written by Young Kim and published by Routledge. This book was released on 2018-04-17 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is widespread agreement that the world's most successful developing countries in the 1980s were those in Southeast Asia. Following in the footsteps of postwar Japan and more recently Korea, the populations of Thailand, Malaysia, Indonesia, Singapore, Hong Kong, and the Philippines have made enormous strides in income, industrial and agricultural production, exports, education, health, nutrition, consumption, and other development indicators. This book brings together political scientists, economists, officials of Asian governments, the United States, and representatives of the multilateral banks to analyze and explain Southeast Asia's extraordinary growth. Chapters and contributors to The Southeast Asian Economic Miracle include: "Recent Developments and Future Prospects of Indonesia" by Anwar Nasution; "The Economic Experience and Prospects of Thailand" by Sukhumbhand Paribatra; "The Development of the Former Indochina States" by Frederick Brown; "Trade and Investment in Southeast Asian Development" by Stephen Parker; and "Managing Renewable Resources in Southeast Asia: The Problem of Deforestation" by Gareth Porter. Among the critical questions that the contributors address are: Is the success of the 1980s and early 1990s a permanent part of the world's economic landscape? How will this region react to the growth of China's vast productive capacity and to the faltering of Japan's economy? What will be the effect of U.S. military disengagement caused by domestic budgetary concerns and the end of the cold war? The Southeast Asian Economic Miracle is an important study of the shifting winds of the political economy of growth in our time—the movement away from a command to a free market environment. It will be an essential resource for political scientists, Asia area scholars, economists, and policymakers.
Download or read book Another Asian Miracle Economy in the Making written by Jürgen Rüland and published by . This book was released on 1989 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thailand written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-12-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thailand's economic and social transformation of the last 50 years has placed it in the ranks of upper middle-income countries and made it an integral part of global value chains. It has also established itself as a regional hub for key transport and logistics, with a world-class airport. To continue its rise, Thailand needs to move into the higher-value segments of economic activity and create high-quality jobs that are regionally broader based. This report identifies the major constraints to accomplishing these goals and analyzes the main challenges. Among them, the country must: enhance research and development and international technology transfers; elevate worker skills and their industrial relevance; address structural impediments to competition, notably in services; provide advanced transport and logistics infrastructure; and improve access to finance and technology for micro, small, and medium-sized enterprises.
Download or read book Macroeconomic Policy for Emerging Markets written by Bhanupong Nidhiprabha and published by Routledge. This book was released on 2018-09-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailand’s 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been done to avoid economic instability. It also examines how short-term complications can develop into perennial problems obstructing the process of economic development. The book provides an alternative approach to the study of economic growth through the inclusion of both economic history and institutional context, appealing to academics and economists who focus on economic growth, economic development, international macroeconomics, public policy study, business cycles, and the open-market economy.
Download or read book Southeast Asia s Misunderstood Miracle written by Jomo K.s. and published by Westview Press. This book was released on 1997-07-31 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Southeast Asia's Misunderstood Miracle emphasizes the contribution of government intervention, especially selective industrial policy, to growth, structural change, and late industrialization in Thailand, Malaysia, and Indonesia. Although government intervention has certainly been abused for private gain, it has also been crucial for the sustained rapid growth and structural change experienced in the region. Similarly, Southeast Asian resource wealth may have weakened the imperative to industrialize in the region, but inferior government intervention probably accounts for the relatively less impressive industrial achievements of the three countries. The study also stresses the significant contribution of regional economic dynamics, especially the increased role of direct foreign investment from Japan and the first tier, newly industrializing economies of South Korea, Taiwan, Hong Kong, and Singapore.Thus, the book qualifies, contradicts, and challenges some of the conclusions and policy recommendations of other works such as the World Bank's influential East Asian Miracle (1993), which suggested that other developing countries should seek to emulate the second tier Southeast Asian NICs rather than the first tier East Asian NIEs.
Download or read book Financial Liberalization in Developing Countries written by Abdullahi Dahir Ahmed and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent global ?nancial crisis has made ?nancial liberalization a topic of great academic and practical interest. This book makes new contributions to the topic by combining fact-?nding, empirical analysis, and theory to examine the relationship between ?nancial liberalization and economic growth. Among its contributions, the book provides detailed country assessments on the effects of ?nancial liberalization, including its striking impact on the banking sector. Although an important goal of ?nancial deregulation has been to help ?nancial institutions better perform their role in intermediating resources, the book models how deregulation may fail to achieve that goal in countries with underdeveloped ?nancial markets and institutions. For that purpose, the book draws on actual experience in Kenya, Malawi, Botswana, and Thailand. This book should constitute important reading for students of ?nancial economics, researchers and general academics, ?nancial practitioners, policymakers, and teachers of economics. North Carolina, USA Steven L. Schwarcz December 2008 Stanley A. Star Professor of Law & Business, Duke University Founding Director, Duke Global Capital Markets Center Durham vii Abstract and Preface The latest global ?nancial and economic crisis of 2008 shows the need to - examine the desirability of ?nancial liberalization and the basis for the view that ?nancial deregulation by itself cannot be considered as a substitute for better economic management. The literature on ?nancial liberalization has identi?ed various mechanisms through which removing controls on interest rates may impact economic growth.
Download or read book Sustainability of Thailand s Competitiveness written by Patarapong Intarakumnerd and published by Institute of Southeast Asian. This book was released on 2010 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competitiveness of a country requires continuous upgrading and, sometimes, major transformation. Thailand is at the crossroad. It can no longer pursue a strategy based on low-cost advantages, but its capability achievements are still too low to become an advanced economy. This book points out weaknesses of Thailand's national innovation system or education and suggests how the country should develop new capabilities to survive and prosper in the globalized and fiercely competitive world. It will be useful to researchers and students who want to learn more about Thailand and emerging countries, and also to policy-makers and executives involved in economic and industrial development. Co-published with IRASEC (Research Institute on Contemporary Southeast Asia), Bangkok
Download or read book Fiscal Space written by Rathin Roy and published by Routledge. This book was released on 2012-05-31 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the deadline for achieving the 2015 Millennium Development Goals (MDGs) less than a decade away, the uneven progress is raising important questions about the ability of the international community to 'scale up' its efforts to finance the goals. Securing adequate financing for development has thus become the most pressing issue of the development agenda. This groundbreaking volume, by leading development economists and practitioners, addresses the central concern for policymakers involved in long term planning for the MDGs: how to create 'fiscal space' for the MDGs and strengthen domestic resource mobilization for human development, while ensuring long-term sustainability and freedom from reliance on aid. By looking at the evidence with fresh perspectives, the authors present a novel approach by which fiscal policy can be made to work for the poor, for the long term. Published with UNDP and Revenue Watch.
Download or read book The Economic Consequences of Globalization on Thailand written by Juthathip Jongwanich and published by Routledge. This book was released on 2022-01-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the impact of globalization, especially in the context of trade and investment policies, on the key economic outcomes, including innovation, productivity, employment, and wages, using Thai manufacturing as a case study. The book looks at the impacts of the shift of manufacturing share from industrialized to emerging countries and emergence of ‘global value chains’ (GVCs) as well as liberalization through the proliferation of free-trade agreements (FTAs) on key economic outcomes. The book highlights that globalization, through trade (including the parts and components trade) and investment, continues in Thailand amid the anti-globalization sentiment since the onset of the new millennium, especially the US–China trade war and the COVID-19 pandemic. Thailand has gained considerable benefit from trade and investment liberalization in various forms, including innovation, firm productivity improvements, and workers’ skills enhancement. Although the country has prospered in these areas, several further enhancements are needed in order to effectively harness the benefits available from globalization, including continued trade and investment policy reforms. Key policy inferences are provided in the last chapter. The book will appeal to those with an interest in international economics, especially issues relating to the economic consequences of globalization. It will also appeal to policymakers and practitioners responsible for international trade and investment regulations.
Download or read book Globalisation and Economic Security in East Asia written by Helen E. Nesadurai and published by Routledge. This book was released on 2012-09-11 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between globalization and economic security? Globalisation and Economic Security in East Asia is an incisive new engagement with this important question that uses detailed conceptual exploration and fresh empirical analysis. Viewing traditional neorealist conceptions of economic security as overly narrow, this new study suggests that any conception of economic security in the contemporary era needs to also pay close attention to the nature of global capitalism, and the insecurities it generates for societies and individuals. This uniquely open-ended approach to conceptualizing economic security is supported by the East Asian experience. The country case studies included here reveal that while economic security has largely been posed as one of ensuring sustainable economic growth and equitable social development, particularly following the 1997 to 1998 Asian financial crisis, other, more realist conceptions of economic security have not become irrelevant. This is also an exploration of whether and how national, regional and multilateral institutions, as well as non-state regional mechanisms, help policy makers meet the task of governing in the interests of economic security. This book will be of great interest to all students and scholars of international relations, international political economy of East Asia globalization and security studies.
Download or read book Globalisation and Economic Security in East Asia written by Helen Sharmini Nesadurai and published by Routledge. This book was released on 2006 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between globalization and economic security? This is a keen new engagement with this key question, which uses detailed conceptual exploration and empirical analysis.
Download or read book State Structure Policy Formation and Economic Development in Southeast Asia written by Antoinette R. Raquiza and published by Routledge. This book was released on 2013-06-17 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do some small, developing countries industrialize and others don’t? What factors account for different economic performance among states that are vulnerable to external shocks, crony capitalism, and political instability? This book argues that the answer lies in the structuring of state power, specifically the way different sets of governing elites – political leaders and economic technocrats – are embedded in political organisations and state institutions, and the way these elites relate to each other in the economic development policy process. Conducting a comparative historical analysis of Thailand and the Philippines, the book argues that the institutional settings of governing elites influence economic outcomes. In Thailand, political power traditionally connects to state institutions in ways that has limited the impact of political turnovers and global downturns - conducive to long-term industrial activities. In contrast, Philippine state power derives from family networks that merge social and political power, suited to fast-moving, short-term commercial interests. In focusing on this political and institutional story, the author analyses the current development dilemmas of countries, weighed down by historical legacies of unstable regimes, dependency, and social conflict, and how they are likely to develop in the future.
