External Finance in Thailand’s Development
ISBN:
9781349258482
Auflage:
1st ed. 1997
Verlag:
Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
01.01.1997
Reihe:
International Finance and Development Series
Format:
Softcover
Seitenanzahl:
301
Lieferung in 5-10 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
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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