Thailand: The Road to Sustained Growth
Summary:
Since the mid-1960s, Thailand's growth performance has been exceptional. Although hard hit by the external shocks fo the late 1970s and the early 1980s that proved severely destabilizing to many developing countries, Thailand showed remarkable reslience: 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 and 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. 1996/012
Subject:
Economic sectors Fiscal policy Labor Labor costs Labor markets National accounts Private investment Public enterprises Real wages Wages
English
Publication Date:
December 13, 1996
ISBN/ISSN:
9781557756039/0251-6365
Stock No:
S146EA0000000
Pages:
47
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