Thailand's growth path: from recovery to prosperity
"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 app...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
| Schriftenreihe: | Policy research working paper
3912 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "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 |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 5/10/2006 |
| Beschreibung: | 1 Online-Ressource |
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| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
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| language | English |
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| spelling | Richter, Kaspar Verfasser aut Thailand's growth path from recovery to prosperity Kaspar Richter [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3912 Includes bibliographical references Title from PDF file as viewed on 5/10/2006 "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 Online-Ausg Also available in print Thailand / Economic conditions / 1986- Thailand / Economic policy / 1986- World Bank Sonstige oth Richter, Kaspar Thailand's growth path http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3912 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Richter, Kaspar Thailand's growth path from recovery to prosperity |
| title | Thailand's growth path from recovery to prosperity |
| title_auth | Thailand's growth path from recovery to prosperity |
| title_exact_search | Thailand's growth path from recovery to prosperity |
| title_exact_search_txtP | Thailand's growth path from recovery to prosperity |
| title_full | Thailand's growth path from recovery to prosperity Kaspar Richter |
| title_fullStr | Thailand's growth path from recovery to prosperity Kaspar Richter |
| title_full_unstemmed | Thailand's growth path from recovery to prosperity Kaspar Richter |
| title_short | Thailand's growth path |
| title_sort | thailand s growth path from recovery to prosperity |
| title_sub | from recovery to prosperity |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3912 |
| work_keys_str_mv | AT richterkaspar thailandsgrowthpathfromrecoverytoprosperity AT worldbank thailandsgrowthpathfromrecoverytoprosperity |