Economic Crisis and Recovery in Thailand

Economic Crisis and Recovery in Thailand

Author: Chalongphob Sussangkarn

Publisher:

Published: 1999

Total Pages: 28

ISBN-13:

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Provides a brief discussion of the adjustment to the crisis in Thailand and the key measures followed as part of the IMF program. Evaluates the overall strategy of the IMF program and gives some suggestions.


Thailand Beyond the Crisis

Thailand Beyond the Crisis

Author: Peter Warr

Publisher: Routledge

Published: 2004-09-09

Total Pages: 368

ISBN-13: 1134541554

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Thailand Beyond the Crisis includes recent research to give an accurate and up to date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand and ended a decade of sustained economic boom. This book identifies the role of policy errors involving both the Thai government and the IMF that lead to the crash of the fastest growing economy in the world. Warr addresses the consequences of the crisis, including sharply increased poverty incidence and a backlog of non- performing loans which clogged the banking system, delaying recovery. Key content includes: * the Social Consequences of the crisis, and alternatives * public sector reform * implications of a floating exchange rate * education * urbanisation and the environment.


Thailand's Economic Recovery

Thailand's Economic Recovery

Author: Cavan Hogue

Publisher: Institute of Southeast Asian Studies

Published: 2006-06-01

Total Pages: 131

ISBN-13: 9812303529

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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.


Thailand's Crisis

Thailand's Crisis

Author: Pasuk Phongpaichit

Publisher:

Published: 2000

Total Pages: 292

ISBN-13:

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Phongpaichit (economics, Chulalongkorn U., Bangkok) and Baker (a freelance writer) discuss how Thailand got through its recent economic crisis. Emphasis is placed on four main themes: the economic and social management of the crisis, economic changes brought about by the crisis, the political origins and impact of the crisis, and internal debates about the crisis and future social directions. Distributed in the US by U. of Washington Press. Annotation copyrighted by Book News, Inc., Portland, OR.


The Asian Financial Crisis

The Asian Financial Crisis

Author: Shalendra Sharma

Publisher: Manchester University Press

Published: 2018-07-30

Total Pages: 409

ISBN-13: 1526137682

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This electronic version has been made available under a Creative Commons (BY-NC-ND) open access license. The Asian financial crisis of 1997-98 shook the foundations of the global economy and what began as a localised currency crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies long considered 'miracles' respond? How did the United States, Japan and other G-7 countries respond to the crisis? What role did the IMF play?. Why did China, which suffers many of the same structural problems responsible for the crisis remain conspicuously insulated from the turmoil raging in its midst?. What explains the remarkable recovery now underway in Asia? In what fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the "new international financial architecture"?. This book provides answers to all the above questions and more, and gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it.


Thailand's Growth Path

Thailand's Growth Path

Author: Kaspar Richter

Publisher: World Bank Publications

Published: 2006

Total Pages: 66

ISBN-13:

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"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.


Recovery Or Recession? Post-Devaluation Output Performance

Recovery Or Recession? Post-Devaluation Output Performance

Author: Graham Bird

Publisher:

Published: 2009

Total Pages: 0

ISBN-13:

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Most analyses of the East Asian financial crisis have focused on its causes and the links between currency and banking crises. However a related question is what happens in the aftermath of a crisis? What factors determine the path of an economy in the post-devaluation phase? Does it swiftly bounce back, with the crisis being followed by a period of economic recovery, or does it face a lengthy period of economic recession? An important element in answering these questions is to consider the response to devaluation, since this constitutes an almost invariant component of economic stabilisation. This paper examines these questions using Thailand as a case study.


Back from the Brink

Back from the Brink

Author: Ijaz Nabi

Publisher: World Bank Publications

Published: 2001-01-01

Total Pages: 100

ISBN-13: 9780821349496

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Although the financial sector was the epicentre of Thailand's economic crisis in 1997, the corporate sector, small-scale manufacturers, wage earners, and other vulnerable groups also felt the effects. There was a widespread loss of confidence that threatened to undo the prosperity of several decades of hard work. This book provides and analysis of the crisis and the struggle to find a solution, examining the key events and the resulting policy measures.


Managing Economic Crisis in Southeast Asia

Managing Economic Crisis in Southeast Asia

Author: Saw Swee-Hock

Publisher: Institute of Southeast Asian Studies

Published: 2011

Total Pages: 362

ISBN-13: 9814311790

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This book incorporates a selection of eight revised papers presented at the Conference on "Managing Economic Crisis in Southeast Asia", organized jointly by the Saw Centre for Financial Studies, NUS Business School and the Institute of Southeast Asian Studies, in January 2010. The chapters deal with the management of the 2008-09 economic crisis in Singapore, Malaysia, Thailand, Vietnam, the Philippines, Indonesia, and the region as a whole. They represent an analysis of the impact of the economic crisis and the stimulus packages that were swiftly put in place by the governments to mitigate the economic recession and to pave the way for a quick recovery. The success of the monetary and fiscal policy measures in engendering a strong economic recovery in these countries is also discussed in considerable depth. The book, with contributions from experts on the topics covered, will be extremely valuable to businessmen, analysts, academics, students, policy-makers and the general public interested in seeking a greater understanding of the sub-prime crisis that led to the global economic recession.