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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...

Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries

Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries »

Series: Occasional Papers

Author(s): Mohsin Khan , and Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1982

DOI: http://dx.doi.org/10.5089/9781557750624.084

ISBN: 9781557750624

Keywords: oil developing countries, exporters, export growth, oil exporters, oil exporting countries

One of the more important yet puzzling aspects of the recent global stagflation has been the rather surprising resiliency of growth rates of real income in non-oil developing countries during the 1973-80 period in...

Front Matter

Front Matter »

Source: Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries

Series: Occasional Papers

Author(s): Mohsin Khan , and Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1982

ISBN: 9781557750624

Keywords: oil developing countries, exporters, export growth, oil exporters, oil exporting countries

One of the more important yet puzzling aspects of the recent global stagflation has been the rather surprising resiliency of growth rates of real income in non-oil developing countries during the 1973-80 period in...

I Introduction

I Introduction »

Source: Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries

Series: Occasional Papers

Author(s): Mohsin Khan , and Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1982

ISBN: 9781557750624

Keywords: oil developing countries, exporters, export growth, oil exporters, oil exporting countries

For the past hundred years the rate of growth of output in the developing world has depended on the rate of growth of output in the developed world. When the develop...

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 Industrial Country Income Growth and Non-Oil Developing Countries’ Exports

II Industrial Country Income Growth and Non-Oil Developing Countries’ Exports »

Source: Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries

Series: Occasional Papers

Author(s): Mohsin Khan , and Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1982

ISBN: 9781557750624

Keywords: oil developing countries, exporters, export growth, oil exporters, oil exporting countries

In this section we begin our investigation into how the rate of growth of real income in industrial countries affects the income growth rate in non-oil developing countries by considering the relationship be...

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...

III Non-Oil Developing Countries’ Export Growth and Real Income Growth

III Non-Oil Developing Countries’ Export Growth and Real Income Growth »

Source: Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries

Series: Occasional Papers

Author(s): Mohsin Khan , and Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1982

ISBN: 9781557750624

Keywords: oil developing countries, exporters, export growth, oil exporters, oil exporting countries

This section focuses on the relationship between the export growth of non-oil developing countries and their economic growth rates. In brief, an attempt is made to identify the channels by which exports affe...

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...