An Evaluation of Financial Crisis in Thailand..

Abstract

After implementation of the National Economic and Social Development Plan (1961-1966), Thailand experienced increasing high rates of economic growth. However by mid 1997, Thailand's economy was slipping into the so-called "Thailand financial crisis": falling property prices, slowing exports, rising trade deficits, and the devaluation of the Thai baht. This raises concern about the future. The purpose of this thesis is to examine Thai economic policies leading up to current crisis. Using hypothesis of Williamson and Haggard, the country's economic reforms will be evaluated. From these finding, several conclusions will be drawn concerning the country's economic future.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1998
Accession Number
ADA350205

Entities

People

  • Wacharachai Pusit

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Biomedical
  • Energy and Power Technologies
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Asia
  • Commerce
  • Economic Development
  • Economic Policy
  • Economic Systems
  • Economics
  • Geography
  • Governments
  • Health Services
  • International Trade
  • Investments
  • Management Personnel
  • Military Budgets
  • Military Governments
  • Political Systems
  • Southeast Asia
  • Urban Areas

Fields of Study

  • Economics

Readers

  • East Asian Political and Security Studies within the Soviet Union
  • Economics