Origins, Sustainability and Lessons from Thailand's Economic Growth  

Oleh:

Dixon, Chris

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Contemporary Southeast Asia: A Journal of International and Strategic Affairs vol. 17 no. 01 (Jun. 1995), page 38-52.
Topik: Thailand; economic growth

Ketersediaan

Perpustakaan PKPM Nomor Panggil: C12 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Between 1986 and 1991 Thailand was one ofthe fastest growing economies in the world. This growth was accompanied by a surge in foreign direct investment, particularly from Japan and the Asian newly industrializing economies (NIEs). Overall, from 1986 Thailand experienced a period of accelerated integration into the global economy. On the basis of these developments, Thailand is not only increasingly referred to as one of the "new" or "second generation" NIEs, but also presented as providing a new "model" of development. This model has been described as resting on liberalization and the "rolling back of the frontiers of the state", associated with the implementation of structural adjustment. Such a "deregulation" model of economic growth is very much in tune with the new "orthodoxy" of development promoted by international agencies and enshrined in World Bank and International Monetary Fund Structural Adjustment Programmes. This article assesses the validity and implications of the "deregulation" view of Thailand's recent rapid growth through a review of the origins and sustain ability of the kingdom's present pattern of growth.

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