Thailand's growth path : from recovery to prosperity / Kaspar Richter
- Bib ID:
- 3852382
- Format:
- Book
- Author:
- Richter, Kaspar
- Online Version:
- http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/05/05/000016406_20060505105823/Rendered/PDF/wps3912.pdf
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- Description:
-
- Washington, D.C. : World Bank, East Asia and Pacific Region, Poverty Reduction and Economic Management Division, 2006
- 66 p. : ill., 1 map ; 28 cm.
- Series:
- Policy research working papers ; 3912.
- Summary:
-
"Thailand is one of the most successful developing countries. After decades of rapid growth, the economy rebounded quickly from the 1997-98 Asian crisis and is set to continue its expansion into the future. Nevertheless, there are doubts about the resilience of the Thai economy. The country appears to be on a lower growth projectory now than before the crisis. What growth can Thailand realistically expect? And what can the government do to sustain such growth into the future? Using a new methodology for identifying binding constraints to growth (Rodrik 2004 and Hausmann and others 2005), the author argues that Thailand's challenge is to maintain growth levels of 4 to 5 percent over the medium term. To achieve this goal, Thailand needs to continue its efforts of improving business infrastructure, trade integration, and skills, as well as intensifying its governance reforms."--World Bank web site.
- Notes:
-
- "May 2006" -- Cover.
- Includes bibliographical references (p. 64-66).
- Also available on the Internet.
- Subject:
- Other authors/contributors:
- World Bank. East Asia and Pacific Region. Poverty Reduction and Economic Management Division
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2006
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