Thailand: 2013 Article IV Consultation
KEY ISSUES Context. The Thai economy has shown an impressive resilience to shocks and staged a strong recovery in 2012. However, growth slowed significantly in the first half of 2013 on account of the expiration of some domestic stimulus programs that were taken in 2012 in the wake of the flood disa...
Gespeichert in:
| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2013
|
| Schriftenreihe: | IMF Staff Country Reports
Country Report No. 13/323 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | KEY ISSUES Context. The Thai economy has shown an impressive resilience to shocks and staged a strong recovery in 2012. However, growth slowed significantly in the first half of 2013 on account of the expiration of some domestic stimulus programs that were taken in 2012 in the wake of the flood disaster and weak external demand. The economy is being supported by strong fundamentals and expansionary fiscal and monetary policies. The government is seeking to shift public expenditure from boosting domestic consumption to infrastructure investment. Volatile capital flows have presented a challenge to macroeconomic policy. Outlook and risks. Growth is expected to recover in the second half of the year, but at a more gradual pace than in the past, with low inflation. The global economy presents downside risks from a possible slowdown in EM growth and capital flow volatility. In addition, the impact of unwinding policies to boost consumption may be larger than anticipated, while public investment projects might be delayed. Labor skills mismatches and infrastructure bottlenecks are holding back potential growth. Policy recommendations. With solid macroeconomic conditions, the key challenge is to foster higher inclusive growth with stability. Key recommendations are: ? Creating fiscal space for priority spending and gradually rebuilding policy buffers to prepare for adverse shocks. The government's commitment to fiscal discipline would be buttressed by strengthening the medium-term fiscal framework. ? Allowing the exchange rate to continue to move flexibly in line with fundamentals and respond with a mix of macroeconomic policies and, if needed, capital flow measures to deal with capital flow surges. ? While the banking sector remains sound, the regulatory and supervisory frameworks for specialized and non-bank institutions needs to be strengthened. ? Planned infrastructure investments should be implemented to enhance competitiveness and promote inclusive growth |
| Beschreibung: | 1 Online-Ressource (69 p) |
| ISBN: | 1484367715 9781484367711 |
Internformat
MARC
| LEADER | 00000nmm a2200000 cb4500 | ||
|---|---|---|---|
| 001 | BV048341751 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220713s2013 |||| o||u| ||||||eng d | ||
| 020 | |a 1484367715 |c 18.00 USD |9 1-484-36771-5 | ||
| 020 | |a 9781484367711 |c 18.00 USD |9 978-1-484-36771-1 | ||
| 035 | |a (ZDB-1-IMF)845810278 | ||
| 035 | |a (OCoLC)1337115552 | ||
| 035 | |a (DE-599)BVBBV048341751 | ||
| 040 | |a DE-604 |b ger | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-20 |a DE-824 |a DE-70 |a DE-155 |a DE-29 |a DE-22 |a DE-473 |a DE-1102 |a DE-703 |a DE-859 |a DE-706 |a DE-384 |a DE-860 |a DE-19 |a DE-739 |a DE-355 |a DE-Aug4 |a DE-1049 |a DE-12 |a DE-91 | ||
| 110 | 2 | |a International Monetary Fund |e Asia and Pacific Dept |4 oth | |
| 245 | 1 | 0 | |a Thailand |b 2013 Article IV Consultation |
| 264 | 1 | |a Washington, D.C |b International Monetary Fund |c 2013 | |
| 300 | |a 1 Online-Ressource (69 p) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a IMF Staff Country Reports |v Country Report No. 13/323 | |
| 520 | 3 | |a KEY ISSUES Context. The Thai economy has shown an impressive resilience to shocks and staged a strong recovery in 2012. However, growth slowed significantly in the first half of 2013 on account of the expiration of some domestic stimulus programs that were taken in 2012 in the wake of the flood disaster and weak external demand. The economy is being supported by strong fundamentals and expansionary fiscal and monetary policies. The government is seeking to shift public expenditure from boosting domestic consumption to infrastructure investment. Volatile capital flows have presented a challenge to macroeconomic policy. Outlook and risks. Growth is expected to recover in the second half of the year, but at a more gradual pace than in the past, with low inflation. The global economy presents downside risks from a possible slowdown in EM growth and capital flow volatility. In addition, the impact of unwinding policies to boost consumption may be larger than anticipated, while public investment projects might be delayed. Labor skills mismatches and infrastructure bottlenecks are holding back potential growth. Policy recommendations. With solid macroeconomic conditions, the key challenge is to foster higher inclusive growth with stability. Key recommendations are: ? Creating fiscal space for priority spending and gradually rebuilding policy buffers to prepare for adverse shocks. The government's commitment to fiscal discipline would be buttressed by strengthening the medium-term fiscal framework. ? Allowing the exchange rate to continue to move flexibly in line with fundamentals and respond with a mix of macroeconomic policies and, if needed, capital flow measures to deal with capital flow surges. ? While the banking sector remains sound, the regulatory and supervisory frameworks for specialized and non-bank institutions needs to be strengthened. ? Planned infrastructure investments should be implemented to enhance competitiveness and promote inclusive growth | |
| 533 | |a Online-Ausg | ||
| 710 | 2 | |a International Monetary Fund |b Asia and Pacific Dept |e Sonstige |4 oth | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-IMF | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-033721019 | ||
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBW01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UEI01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l LCO01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l SBR01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UER01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l SBG01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBG01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l FAN01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBT01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l FKE01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBY01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBA01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l FLA01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBM01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UPA01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l UBR01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l FHA01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l FNU01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l BSB01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |l TUM01 |p ZDB-1-IMF |x Verlag |3 Volltext | |
Datensatz im Suchindex
| _version_ | 1804184187235729408 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| building | Verbundindex |
| bvnumber | BV048341751 |
| collection | ZDB-1-IMF |
| ctrlnum | (ZDB-1-IMF)845810278 (OCoLC)1337115552 (DE-599)BVBBV048341751 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>06414nmm a2200589 cb4500</leader><controlfield tag="001">BV048341751</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220713s2013 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1484367715</subfield><subfield code="c">18.00 USD</subfield><subfield code="9">1-484-36771-5</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781484367711</subfield><subfield code="c">18.00 USD</subfield><subfield code="9">978-1-484-36771-1</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-IMF)845810278</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1337115552</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV048341751</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-20</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-12</subfield><subfield code="a">DE-91</subfield></datafield><datafield tag="110" ind1="2" ind2=" "><subfield code="a">International Monetary Fund</subfield><subfield code="e">Asia and Pacific Dept</subfield><subfield code="4">oth</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Thailand</subfield><subfield code="b">2013 Article IV Consultation</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">International Monetary Fund</subfield><subfield code="c">2013</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (69 p)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">IMF Staff Country Reports</subfield><subfield code="v">Country Report No. 13/323</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">KEY ISSUES Context. The Thai economy has shown an impressive resilience to shocks and staged a strong recovery in 2012. However, growth slowed significantly in the first half of 2013 on account of the expiration of some domestic stimulus programs that were taken in 2012 in the wake of the flood disaster and weak external demand. The economy is being supported by strong fundamentals and expansionary fiscal and monetary policies. The government is seeking to shift public expenditure from boosting domestic consumption to infrastructure investment. Volatile capital flows have presented a challenge to macroeconomic policy. Outlook and risks. Growth is expected to recover in the second half of the year, but at a more gradual pace than in the past, with low inflation. The global economy presents downside risks from a possible slowdown in EM growth and capital flow volatility. In addition, the impact of unwinding policies to boost consumption may be larger than anticipated, while public investment projects might be delayed. Labor skills mismatches and infrastructure bottlenecks are holding back potential growth. Policy recommendations. With solid macroeconomic conditions, the key challenge is to foster higher inclusive growth with stability. Key recommendations are: ? Creating fiscal space for priority spending and gradually rebuilding policy buffers to prepare for adverse shocks. The government's commitment to fiscal discipline would be buttressed by strengthening the medium-term fiscal framework. ? Allowing the exchange rate to continue to move flexibly in line with fundamentals and respond with a mix of macroeconomic policies and, if needed, capital flow measures to deal with capital flow surges. ? While the banking sector remains sound, the regulatory and supervisory frameworks for specialized and non-bank institutions needs to be strengthened. ? Planned infrastructure investments should be implemented to enhance competitiveness and promote inclusive growth</subfield></datafield><datafield tag="533" ind1=" " ind2=" "><subfield code="a">Online-Ausg</subfield></datafield><datafield tag="710" ind1="2" ind2=" "><subfield code="a">International Monetary Fund</subfield><subfield code="b">Asia and Pacific Dept</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-IMF</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033721019</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBW01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UEI01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">LCO01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">SBR01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UER01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">SBG01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBG01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">FAN01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBT01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">FKE01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBY01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBA01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">FLA01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBM01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UPA01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">UBR01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">FHA01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">FNU01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">BSB01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml</subfield><subfield code="l">TUM01</subfield><subfield code="p">ZDB-1-IMF</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV048341751 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:14Z |
| indexdate | 2024-07-10T09:35:21Z |
| institution | BVB |
| isbn | 1484367715 9781484367711 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033721019 |
| oclc_num | 1337115552 |
| open_access_boolean | |
| owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
| owner_facet | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
| physical | 1 Online-Ressource (69 p) |
| psigel | ZDB-1-IMF |
| publishDate | 2013 |
| publishDateSearch | 2013 |
| publishDateSort | 2013 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Staff Country Reports |
| spelling | International Monetary Fund Asia and Pacific Dept oth Thailand 2013 Article IV Consultation Washington, D.C International Monetary Fund 2013 1 Online-Ressource (69 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Country Reports Country Report No. 13/323 KEY ISSUES Context. The Thai economy has shown an impressive resilience to shocks and staged a strong recovery in 2012. However, growth slowed significantly in the first half of 2013 on account of the expiration of some domestic stimulus programs that were taken in 2012 in the wake of the flood disaster and weak external demand. The economy is being supported by strong fundamentals and expansionary fiscal and monetary policies. The government is seeking to shift public expenditure from boosting domestic consumption to infrastructure investment. Volatile capital flows have presented a challenge to macroeconomic policy. Outlook and risks. Growth is expected to recover in the second half of the year, but at a more gradual pace than in the past, with low inflation. The global economy presents downside risks from a possible slowdown in EM growth and capital flow volatility. In addition, the impact of unwinding policies to boost consumption may be larger than anticipated, while public investment projects might be delayed. Labor skills mismatches and infrastructure bottlenecks are holding back potential growth. Policy recommendations. With solid macroeconomic conditions, the key challenge is to foster higher inclusive growth with stability. Key recommendations are: ? Creating fiscal space for priority spending and gradually rebuilding policy buffers to prepare for adverse shocks. The government's commitment to fiscal discipline would be buttressed by strengthening the medium-term fiscal framework. ? Allowing the exchange rate to continue to move flexibly in line with fundamentals and respond with a mix of macroeconomic policies and, if needed, capital flow measures to deal with capital flow surges. ? While the banking sector remains sound, the regulatory and supervisory frameworks for specialized and non-bank institutions needs to be strengthened. ? Planned infrastructure investments should be implemented to enhance competitiveness and promote inclusive growth Online-Ausg International Monetary Fund Asia and Pacific Dept Sonstige oth http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Thailand 2013 Article IV Consultation |
| title | Thailand 2013 Article IV Consultation |
| title_auth | Thailand 2013 Article IV Consultation |
| title_exact_search | Thailand 2013 Article IV Consultation |
| title_exact_search_txtP | Thailand 2013 Article IV Consultation |
| title_full | Thailand 2013 Article IV Consultation |
| title_fullStr | Thailand 2013 Article IV Consultation |
| title_full_unstemmed | Thailand 2013 Article IV Consultation |
| title_short | Thailand |
| title_sort | thailand 2013 article iv consultation |
| title_sub | 2013 Article IV Consultation |
| url | http://elibrary.imf.org/view/IMF002/20887-9781484367711/20887-9781484367711/20887-9781484367711.xml |
| work_keys_str_mv | AT internationalmonetaryfund thailand2013articleivconsultation AT internationalmonetaryfundasiaandpacificdept thailand2013articleivconsultation |