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Explaining the Thai Miracle

Explaining the Thai Miracle PDF Author: Peter G. Warr
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 46

Book Description
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.

Explaining the Thai Miracle

Explaining the Thai Miracle PDF Author: Peter G. Warr
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 46

Book Description
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.

Thailand's Macroeconomic Miracle

Thailand's Macroeconomic Miracle PDF Author: Peter G. Warr
Publisher: World Bank Publications
ISBN: 9780821326541
Category : Business & Economics
Languages : en
Pages : 276

Book Description
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.

Miracle in the Cave

Miracle in the Cave PDF Author: Liam Cochrane
Publisher: HarperCollins
ISBN: 0062912496
Category : Biography & Autobiography
Languages : en
Pages : 320

Book Description
Featuring never-before-reported details and exclusive interviews with the boys and their coach, the inspiring true story of how twelve members of the Wild Boar Academy Football Club and their coach survived nine days in a labyrinthine cave in Northern Thailand, and of the incredible men and women who pulled off one of the greatest rescues of all time. For nine days twelve young soccer players and their coach were confined in the dark by rising waters in the caverns of Tham Luang in Chang Rai, Thailand. With no food or drinking water except the condensation found on the cave walls, their survival seemed unlikely. Yet against the odds, a team of determined divers traversed monsoon floodwaters and narrow passageways to find Coach Ek, a stateless orphan devoted to Buddhism, and his young players alive and hopeful. Liam Cochrane spent more than two weeks on the scene, and was stationed outside of the cave entrance in daily contact with divers and other key members of the rescue team, reporting the story for the Australian Broadcast Corporation. In this mesmerizing and inspiring book, he recounts this ultimate race-against-the-clock event. Filled with never-before-reported details based on exclusive access to both the rescue team, Coach Ek, and members of the soccer team and their families, Miracle in the Cave chronicles the Wild Boars’ ordeal in the cave, and the rescue plan that unfolded outside—including the contentious political negotiations, the early misadventure that halted the operation for crucial hours, and the death of Thai Navy SEAL diver Saman Kunan. Going deep inside the area between the Thai and Myanmar border, better known for methamphetamines and illegal wildlife trade, Cochrane guides us through every aspect of the adventure-turned-nightmare-turned miracle: the team’s agonizing wait in the darkness; the rescuers’ battle against the forces of nature; the work of international experts who pooled their skills to help. Chochrane evokes the rollercoaster of emotions every step of the way—the terror, optimism, sadness, and joy of this indelible experience. Filled with a spirit of true grit, Miracle in the Cave is a courageous tale of perseverance and a celebration of an inspiring moment when the world came together in hope.

The Political Economy of International Financial Crisis

The Political Economy of International Financial Crisis PDF Author: Shale Asher Horowitz
Publisher: Rowman & Littlefield
ISBN: 9780742501331
Category : Business & Economics
Languages : en
Pages : 318

Book Description
The world financial crisis of 1997-99 was the most important international economic event since the oil shocks of the 1970s and the associated debt crisis of the 1980s. What were its political causes and consequences? In particular, how did interest group coalitions and political institutions affect pre-crisis economic policies and post-crisis responses? This book focuses on how policymaking coalitions are formed and how political institutions mediate the pressure of rival coalitions. This approach is applied to 13 countries drawn from the main crisis-affected regions of the world economy East Asia, Southeast Asia, Latin America and Eastern Europe."

The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: Jose Edgardo Campos
Publisher: Brookings Institution Press
ISBN: 9780815723035
Category : Business & Economics
Languages : en
Pages : 230

Book Description
"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, [this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. F

Explaining Miracles

Explaining Miracles PDF Author: William Russell Easterly
Publisher: World Bank Publications
ISBN:
Category : Asia, Southeastern
Languages : en
Pages : 43

Book Description
Large positive residuals, such as those associated with the high performance of the Four Tigers, have historically been transitory. The stratospheric trajectory of the Four should be heading back toward earth soon.

ASEAN Miracle

ASEAN Miracle PDF Author: Kishore Mahbubani
Publisher: Flipside Digital Content Company Inc.
ISBN: 9814722650
Category : Business & Economics
Languages : en
Pages : 437

Book Description
The Association of Southeast Asian Nations is a miracle. Why?In an era of growing cultural pessimism, many thoughtful individuals believe that different civilisations-especially Islam and the West-cannot live together in peace. The ten countries of ASEAN provide a thriving counter-example of civilizational co-existence. Here 625m people live together in peace. This miracle was delivered by ASEAN.In an era of growing economic pessimism, where many young people believe that their lives will get worse in coming decades, Southeast Asia bubbles with optimism. In an era where many thinkers predict rising geopolitical competition and tension, ASEAN regularly brings together all the world's great powers.Stories of peace are told less frequently than stories of conflict and war. ASEAN's imperfections make better headlines than its achievements. But in the hands of thinker and writer Kishore Mahbubani, the good news story is also a provocation and a challenge to the rest of the world.This excellent book explains, in clear and simple terms, how and why ASEAN has become one of the most successful regional organizations in the world. - George YeoA powerful and passionate account of how, against all odds, ASEAN transformed the region and why Asia and the world need it even more today. - Amitav Acharya

The Oxford Handbook of Industrial Hubs and Economic Development

The Oxford Handbook of Industrial Hubs and Economic Development PDF Author: Arkebe Oqubay
Publisher: Oxford University Press
ISBN: 0192590936
Category : Business & Economics
Languages : en
Pages : 800

Book Description
Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.

Thailand's Economic Miracle

Thailand's Economic Miracle PDF Author: Peter G. Warr
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 60

Book Description


Thailand at the Margins

Thailand at the Margins PDF Author: Jim Glassman
Publisher: Oxford University Press on Demand
ISBN: 0199267634
Category : Business & Economics
Languages : en
Pages : 260

Book Description
Jim Glassman addresses the role of the state in the industrial transformation of what was, before the economic crisis of 1997-98, one of Southeast Asia's fastest growing economies. Approaching this issue from a different angle to those dominating 1980s and 1990s debates about the role of states in East Asian growth, Glassman argues that the Thai state has been both proactive and interventionist in encouraging industrial transformation - contrary to what neo-liberals have asserted -but at the same time has not been a 'developmental' state of the sort championed by neo-Weberian analysts of East Asia.Analyzing the Cold War period, the period of the economic boom, as well as the economic crisis and its political aftershock, Thailand at the Margins recasts the story of the Thai state's post-World War II development performance by focusing on uneven industrialization and the interaction between internationalization and the transformation of Thai labour.