Author: Kaspar Richter Publisher: World Bank Publications ISBN: Category : Thailand Languages : en Pages : 66
Book Description
"Thailand is one of the most successful developing countries. After decades of rapid growth, the economy rebounded quickly from the 1997-98 Asian crisis and is set to continue its expansion into the future. Nevertheless, there are doubts about the resilience of the Thai economy. The country appears to be on a lower growth projectory now than before the crisis. What growth can Thailand realistically expect? And what can the government do to sustain such growth into the future? Using a new methodology for identifying binding constraints to growth (Rodrik 2004 and Hausmann and others 2005), the author argues that Thailand's challenge is to maintain growth levels of 4 to 5 percent over the medium term. To achieve this goal, Thailand needs to continue its efforts of improving business infrastructure, trade integration, and skills, as well as intensifying its governance reforms."--World Bank web site.
Author: Bhanupong Nidhiprabha Publisher: Routledge ISBN: 9780367504182 Category : Macroeconomics Languages : en Pages : 254
Book Description
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.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292572954 Category : Business & Economics Languages : en Pages : 148
Book Description
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.
Author: OECD Publisher: OECD Publishing ISBN: 9264293310 Category : Languages : en Pages : 182
Book Description
The Initial Assessment of this Multi-Dimensional Review endeavors to identify the challenges and key constraints that must be overcome for Thailand to succeed.
Author: OECD Publisher: OECD Publishing ISBN: 9264307672 Category : Languages : en Pages : 164
Book Description
Thailand is a fast emerging country that aspires to become a high-income economy by 2037. Still, Thailand’s growth path has created large disparities that risk obstructing the next stage of development. This report lays out three transitions that Thailand needs to master to build capabilities ...
Author: Bhanupong Nidhiprabha Publisher: Routledge ISBN: 1317238133 Category : Business & Economics Languages : en Pages : 262
Book Description
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.
Author: OECD Publisher: OECD Publishing ISBN: 9264741062 Category : Languages : en Pages : 110
Book Description
Thailand is a fast emerging country that aspires to become a high-income economy by 2037. Strong growth has enabled the country to join the group of upper-middle-income economies in the early 2010s and to perform well in many areas.
Author: Michael Spence Publisher: Macmillan + ORM ISBN: 1429968710 Category : Business & Economics Languages : en Pages : 316
Book Description
A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.
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.
Author: Cavan Hogue Publisher: Institute of Southeast Asian Studies ISBN: 9812303529 Category : Business & Economics Languages : en Pages : 131
Book Description
Thailand is a society in political, economic and social transition. Change is happening to varying degrees-at the national level and at the regional level where there are contrasting issues. Changes are positive, some are negative. This book looks at the various aspects of change as it impacts on business and the lives of the people.
Author: Kaspar Richter
Author: Bhanupong Nidhiprabha
Author: Asian Development Bank
Author: OECD
Author: OECD
Author: Bhanupong Nidhiprabha
Author: OECD
Author: Michael Spence
Author: Peter G. Warr
Author: Cavan Hogue