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Indonesia, Malaysia, and Thailand: New Administrations, New Policies, New Performance?

Listed author(s):
  • Don Hanna

    (Citigroup Global Markets 388 Greenwich Street, 11th Floor, New York, NY 10013, USA)

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    The administrations in Indonesia, Malaysia, and Thailand have all put in place economic policies designed to increase growth, reduce poverty, and improve governance. In Thailand, the government is taking a more activist role, a change from the previous, more hands-off approach. In both Indonesia and Malaysia, new policies reduce the activist role of the state, creating greater predictability and transparency. Better governance remains a key to growth, with many reforms within governments' reach. While many of the policies focus on the medium term, there is an acceptance of the need for prudent short-term management. The open question is whether progress on structural changes can persist when the short-term macroeconomic picture becomes more challenging. (c) 2007 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.

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    Article provided by MIT Press in its journal Asian Economic Papers.

    Volume (Year): 5 (2006)
    Issue (Month): 3 (June)
    Pages: 128-168

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    Handle: RePEc:tpr:asiaec:v:5:y:2006:i:3:p:128-168
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