Thailand Economic Monitor, January 2020: Productivity for Prosperity
Thailand's economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments. TheGovernme...
Saved in:
| Corporate Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2020
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| Series: | Economic Updates and Modeling
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Thailand's economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments. TheGovernment has responded swiftly to the growth slowdown, through accommodative monetary policies and countercyclical fiscal stimulus. Going forward, additional policies to enhance the effectiveness of the stimulus, with a focus on implementing major public investment projects andimproving the efficiency of public investment management could maximize the growth impact. In the long term, structural reforms such as enhancing competition in the domestic economy, increasing openness, and promoting an eco-system for firm innovation in order can boost productivity |
| Physical Description: | 1 Online-Ressource |
| DOI: | 10.1596/33196 |
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| 650 | 4 | |a Poverty Reduction | |
| 650 | 4 | |a Private Investment | |
| 650 | 4 | |a Productivity | |
| 650 | 4 | |a Social Protections and Assistance | |
| 650 | 4 | |a Social Protections and Labor | |
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| publisher | The World Bank |
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| series2 | Economic Updates and Modeling |
| spellingShingle | Thailand Economic Monitor, January 2020 Productivity for Prosperity Business Cycles and Stabilization Policies Economic Growth Fiscal and Monetary Policy Inequality Macroeconomics and Economic Growth Poverty Reduction Private Investment Productivity Social Protections and Assistance Social Protections and Labor |
| title | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_auth | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_exact_search | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_exact_search_txtP | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_full | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_fullStr | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_full_unstemmed | Thailand Economic Monitor, January 2020 Productivity for Prosperity |
| title_short | Thailand Economic Monitor, January 2020 |
| title_sort | thailand economic monitor january 2020 productivity for prosperity |
| title_sub | Productivity for Prosperity |
| topic | Business Cycles and Stabilization Policies Economic Growth Fiscal and Monetary Policy Inequality Macroeconomics and Economic Growth Poverty Reduction Private Investment Productivity Social Protections and Assistance Social Protections and Labor |
| topic_facet | Business Cycles and Stabilization Policies Economic Growth Fiscal and Monetary Policy Inequality Macroeconomics and Economic Growth Poverty Reduction Private Investment Productivity Social Protections and Assistance Social Protections and Labor |
| url | https://doi.org/10.1596/33196 |
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