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The Paradoxes of Thailand's Pre-crisis Export Performance

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  • Philippe De Lombaerde
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    Abstract

    Starting from the observation that Thailand succeeded in developing its exports in a spectacular way in the decades preceding the 1997 financial crisis, the author points to a number of apparent paradoxes that become apparent when looking at Thai trade policies in detail. For example, Thai trade policy was characterized by an anti-export bias, the causal effect of inward foreign direct investment (FDI) on exports could not clearly be demonstrated, and the effects of discriminatory tariff reductions were apparently very poor. Elements of an explanation are suggested.

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Global Economic Review.

    Volume (Year): 37 (2008)
    Issue (Month): 2 ()
    Pages: 249-264

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    Handle: RePEc:taf:glecrv:v:37:y:2008:i:2:p:249-264

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    Related research

    Keywords: Thailand; trade policy; tariffs; exports; foreign direct investment (FDI); financial crisis; ASEAN;

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