Download Free Thailands Debt Crisis And Economic Outlook Book in PDF and EPUB Free Download. You can read online Thailands Debt Crisis And Economic Outlook and write the review.

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.
A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on households, businesses, and the financial system. This, together with rigorous containment measures, led to a successful flattening of the infection curve during most of 2020. Nevertheless, the pandemic has taken a large toll on the economy, potentially inducing long-term scarring and increasing inequality.
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
This book is a challenging volume by distinguished, leading scholars of East Asian political economy; it provides a distinct alternative to simplistic accounts of the Asian crisis which generally swing between an emphasis on convergence imposed by global economic forces, and the resurrection of the special patterns of East Asian economic governance. The authors argue that global forces and domestic structures are engendering new forms of economic and political regulation in East Asia. While these signal the death knell of the developmental state, this in itself does not presuppose a convergence towards a standard model of global capitalism. The arguments in this book will contribute significantly to the construction of a new research agenda for comparative political economy at the dawn of a new century. Politics and Markets in the Wake of the Asian Crisis covers a range of East Asian countries including the People's Republic of China, South Korea, Indonesia, Thailand and Malaysia. All the studies are linked together by a common endeavour to explore the dynamic interaction between global economic forces and domestic structures. The book is at the cutting edge of the study of East Asian political economy, and is distinguished by the attention it pays to the regional and international context of the crisis. It also contains theoretically sophisticated analyses of organisations such as APEC and the IMF.
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
Sustainability of Rice Production in Thailand
The second edition, which first provides an overview of the country in the introduction, traces the long and complicated history in the chronology and goes into much greater detail in the dictionary. Offering 64 new entries, as well as updates and revisions to older ones, the dictionary presents important persons, places, institutions, and more in an easily accessible resource. Significant recent events are discussed including the 1997-98 Thai economic crisis and its effects, reforms of the national government, and the growth in political roles of both businessman and other middle class members. In addition, the book updates basic information relative to population growth, urbanization, and industrialization of the economy. All this is topped off by a solid bibliography making this an essential reference tool.