Thailand: The Road to Sustained Growth

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Thailand: The Road to Sustained Growth by Erik Mr. Offerdal, Kalpana Ms. Kochhar, Louis Mr. Dicks-Mireaux, Jian-Ping Ms. Zhou, Mauro Mr. Mecagni, Balázs Mr. Horváth, INTERNATIONAL MONETARY FUND
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Author: Erik Mr. Offerdal, Kalpana Ms. Kochhar, Louis Mr. Dicks-Mireaux, Jian-Ping Ms. Zhou, Mauro Mr. Mecagni, Balázs Mr. Horváth ISBN: 9781452708614
Publisher: INTERNATIONAL MONETARY FUND Publication: December 13, 1996
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Erik Mr. Offerdal, Kalpana Ms. Kochhar, Louis Mr. Dicks-Mireaux, Jian-Ping Ms. Zhou, Mauro Mr. Mecagni, Balázs Mr. Horváth
ISBN: 9781452708614
Publisher: INTERNATIONAL MONETARY FUND
Publication: December 13, 1996
Imprint: INTERNATIONAL MONETARY FUND
Language: English

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.

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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.

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