ENGLISH

External Finance in Thailand’s Development: An Interpretation of Thailand’s Growth Boom

By Karel Jansen (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
1997
ISBN
978-1-349-25848-2, 978-1-349-25846-8
DOI
10.1007/978-1-349-25846-8
Language
english
Format
PDF
Filesize
27 MB (28775235 bytes)
Series
International Finance and Development Series
Edition
1
Pages
XVII, 301\317
Time added
2017-06-25 01:07:36
Development Economics;Macroeconomics/Monetary Econ

Description

Between 1987 and 1990 Thailand experienced double-digit growth, fed by high capital inflows. This made Thailand one of the first developing countries to recover from the recession of the 1980s. Since 1990 growth and capital inflows have continued at a high level. The book makes a detailed study of the macroeconomic impact of capital inflows during recent years and during an earlier period when growth, and capital inflows, were high, in the late 1970s. It is shown that the results of the recent period are more sustainable than those of the earlier period, due to the differences in the nature of capital inflows, in external conditions, and in economic policies.

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