IDEAS home Printed from https://ideas.repec.org/p/imf/imfocp/146.html
   My bibliography  Save this paper

Thailand; The Road to Sustained Growth

Author

Listed:
  • Erik Offerdal
  • Kalpana Kochhar
  • Louis Dicks-Mireaux
  • Jianping Zhou
  • Mauro Mecagni
  • Balázs Horváth

Abstract

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.

Suggested Citation

  • Erik Offerdal & Kalpana Kochhar & Louis Dicks-Mireaux & Jianping Zhou & Mauro Mecagni & Balázs Horváth, 1996. "Thailand; The Road to Sustained Growth," IMF Occasional Papers 146, International Monetary Fund.
  • Handle: RePEc:imf:imfocp:146
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=1670
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777, December.
    2. Alba, Pedro & Hernandez, Leonardo & Klingebiel, Daniela, 1999. "Financial liberalization and the capital account : Thailand, 1988-97," Policy Research Working Paper Series 2188, The World Bank.
    3. Jansen, W. Jos, 2003. "What do capital inflows do? Dissecting the transmission mechanism for Thailand, 1980-1996," Journal of Macroeconomics, Elsevier, vol. 25(4), pages 457-480, December.
    4. Jenny Corbett & Gregor Irwin & David Vines, 1999. "From Asian Miracle to Asian Crisis: Why Vulnerability, Why Collapse?," RBA Annual Conference Volume,in: David Gruen & Luke Gower (ed.), Capital Flows and the International Financial System Reserve Bank of Australia.
    5. Diao, Xinshen & Rattso, Jorn & Stokke, Hildegunn Ekroll, 2005. "International spillovers, productivity growth and openness in Thailand: an intertemporal general equilibrium analysis," Journal of Development Economics, Elsevier, vol. 76(2), pages 429-450, April.
    6. Ffrench-Davis, Ricardo, 1999. "The role of domestic polices in stabilizing capital flows," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 32986, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Akhand Akhtar Hossain, 2015. "The Evolution of Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 14611, December.
    8. Diao, Xinshen & Rattso, Jorn & Stokke, Hildegunn E., 2006. "Learning by exporting and structural change: A Ramsey growth model of Thailand," Journal of Policy Modeling, Elsevier, vol. 28(3), pages 293-306, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfocp:146. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi). General contact details of provider: http://edirc.repec.org/data/imfffus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.