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Appendix Private Investment Behavior in Thailand

Appendix Private Investment Behavior in Thailand »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

This appendix presents results of an empirical investigation of the determinants of private investment in Thailand. During the 1970s and the first half of the 1980s, the ratio of pr...

I. Overview

I. Overview »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

Thailand’s growth performance during the past three decades has been remarkable by any yardstick. Like most low-income developing countries, Thailand was severely affected by the external shocks of the late...

II. Long-Term Growth Performance

II. Long-Term Growth Performance »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

Thailand’s economic growth performance during the past three decades has been impressive. In 1960, per capita gross domestic product (GDP) was only slightly higher than that in India, Pakistan, Ghana, and Mo...

III. Economic Developments and Adjustment, 1970–93

III. Economic Developments and Adjustment, 1970–93 »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

The analysis in this section focuses on the shocks of the late 1970s and 1980s. The section also provides an overview of Thailand’s economic policy responses to the shocks. Initial Cond...

Social and Political Factors in a Model of Endogenous Economic Growth and Distribution
			: An Application to the Philippines

Social and Political Factors in a Model of Endogenous Economic Growth and Distribution : An Application to the Philippines »

Volume/Issue: 1996/139

Series: IMF Working Papers

Author(s): Delano Villanueva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1996

DOI: http://dx.doi.org/10.5089/9781451929461.001

ISBN: 9781451929461

Keywords: growth rate, wage, wages, economic growth, growth model

This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The majo...

IV. Fiscal Policy

IV. Fiscal Policy »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

How did fiscal policy contribute to the result that the slowdown in growth during the adjustment period was relatively modest and was followed by a shift to a markedly higher growth path? Two aspects of the...

Social and Political Factors in a Model of Endogenous Economic Growth and Distribution

Social and Political Factors in a Model of Endogenous Economic Growth and Distribution »

Source: Social and Political Factors in a Model of Endogenous Economic Growth and Distribution : An Application to the Philippines

Volume/Issue: 1996/139

Series: IMF Working Papers

Author(s): Delano Villanueva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1996

ISBN: 9781451929461

Keywords: growth rate, wage, wages, economic growth, growth model

This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The majo...

Thailand
			: The Road to Sustained Growth

Thailand : The Road to Sustained Growth »

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

DOI: http://dx.doi.org/10.5089/9781557756039.084

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

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 countrie...

Front Matter

Front Matter »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

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 countrie...

V. Monetary Policy

V. Monetary Policy »

Source: Thailand : The Road to Sustained Growth

Series: Occasional Papers

Author(s): Erik Offerdal , Kalpana Kochhar , Louis Dicks-Mireaux , Jianping Zhou , Mauro Mecagni , and Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 1996

ISBN: 9781557756039

Keywords: private investment, wages, wage, fiscal policy, adjustment period

What role did monetary policy play in the adjustment process in Thailand, and what were the consequences for investment and output? In view of the fixed exchange rate and the relatively open capital account,...