Thailand: The Road to Sustained Growth

Author/Editor: Kochhar, Kalpana ; Dicks-Mireaux, Louis ; Horváth, Balázs ; Mecagni, Mauro ; Offerdal, Erik ; Zhou, Jian-Ping
Publication Date: December 13, 1996
Summary: Since the mid-1960s, Thailand's growth performance has been exceptional. Although hard hit by the external shocks of the late 1970s and the early 1980s that proved severely destabilizing to many developing countries, Thailand showed remarkable resilience: 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 growth and Thailand's macroeconomic and structural policies with a view to understanding the main factors that have led to this impressive economic performance.
Series: Occasional Paper No. 146
Subject(s): Economic growth | Thailand | Investment

Publication Date: December 13, 1996
ISBN/ISSN: ISBN 1-55775-603-1 Format: Paper
Stock No: S146EA0000000 Pages: vi+42
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