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The Fifth Tiger Study Of Thai Development Policy

Author: Robert J. Muscat
Publisher: Routledge
ISBN: 1315484153
Size: 37.74 MB
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Thailand's dynamic economic development has earned it a reputation as the "Fifth Tiger" (following on the heels of the superperforming "Four Tigers" - South Korea, Taiwan, Singapore and Hong Kong). This is a study of Thailand's development experience since 1955.

Politischer Und Wirtschaftlicher Wandel In Thailand Unter Ber Cksichtigung Der Asienkrise

Author: Alexander Herz
ISBN: 3832427414
Size: 67.98 MB
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Inhaltsangabe:Einleitung: Thailand hat in den vergangenen Jahrzehnten eine rasante wirtschaftliche Entwicklung durchlaufen und konnte zu Beginn der 90er Jahre in die Gruppe der sogenannten neu industrialisierenden Volkswirtschaften (NIE= Newly Industrialising Economies) aufsteigen, deren wirtschaftlicher Werdegang im gleichnamigen Bericht der Weltbank als das Ostasiatische Wirtschaftswunder bezeichnet wurde. 1997 fand der wirtschaftliche Aufschwung mit der Abwertung des Baht am 2. Juli jedoch ein vorläufiges Ende. Thailand befindet sich seitdem in einer wirtschaftlichen Krise von der wenig später auch Malaysia, Indonesien, die Philippinen, Südkorea und, wenn auch in geringerem Maße, Singapur erfasst wurden. Die erfolgreiche wirtschaftliche Entwicklung Thailands und der Region Ost- und Südostasiens ist in diversen Arbeiten wie der zuvor erwähnten Weltbankstudie einstimmig analysiert und dokumentiert, aber auch schon vor 1997 entmystifiziert worden. Der plötzliche und unerwartete Niedergang des asiatischen Wirtschaftswunders bereitet den Ökonomen allerdings auch im dritten Jahr der Krise weiterhin Kopfzerbrechen. Eine eindeutige Erklärung der zu Grunde liegenden Ursachen scheint noch nicht gefunden zu sein, und die Ansätze reichen von einer Bankenkrise in Verbindung mit einer Währungskrise bzw. einer Krise der Zahlungsbilanz, bis hin zu einer Krise der internationalen Finanzmärkte bzw. der Globalisierung insgesamt. Bei einer länder-spezifischen Betrachtung wird jedoch klar, dass eine allgemeine Pauschalisierung sowohl des wirtschaftlichen Aufschwungs als auch der folgenden Talfahrt für eine tiefergehende Analyse der gegenwärtigen Probleme nicht geeignet ist, denn die Region bietet keineswegs das oft angenommene homogene Gesamtbild. Die Krise muss deswegen von Land zu Land separat betrachtet werden und lässt sich auch nur anhand der vorausgegangenen Entwicklung in jedem einzelnen Land erklären, da hier bereits viele Ursachen zu finden sind. Obwohl es sich in erster Linie um eine Wirtschaftskrise handelt, zeigten sich in deren Verlauf auch die Mängel der politischen Systeme der betroffenen Länder, wobei hier die Unterscheide zwischen den einzelnen Ländern deutlicher zu Tage getreten sind. So ist eine schwere politische Krise wie beispielsweise in Indonesien, das im Folge des wirtschaftlichen Niedergangs den Sturz der Suharto-Diktatur erlebt hat, in Thailand ausgeblieben. Die letzte politische Krise hatte Thailand bereits zu Beginn der 90er Jahre [...]

Policy Regimes And Industrial Competitiveness

Author: P. Agrawal
Publisher: Springer
ISBN: 0230288405
Size: 68.88 MB
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This book looks at the economic performance of East Asia over the past three decades in a unified way. The focus is on the common forces, generated by each country's policies, that jointly produced such successful outcomes. The roles of macroeconomic and microeconomic factors are analysed. For comparison, the same framework is used to examine the less successful performance of the Indian economy. The analysis emphasises the significance of the overall institutional context in which policies are implemented in determining their effectiveness.

Southeast Asian Paper Tigers

Author: K. S. Jomo
Publisher: Routledge
ISBN: 1134424248
Size: 66.94 MB
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This important collection is a timely contribution to the debate on the Asian financial crisis. With chapters written by well-established international experts in Asian economics, this book constitutes a finely judged example of the varying opinions on the matter.

Dictators Democrats And Development In Southeast Asia

Author: Michael T. Rock
Publisher: Oxford University Press
ISBN: 0190619880
Size: 46.30 MB
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Getting growth going has been rare in the developing world-since 1960 only nine developing countries have succeeded in sustaining high growth. The aim of Dictators, Democrats and Development in Southeast Asia is to examine how dictators and democrats in three of the nine fast growers -Indonesia, Malaysia and Thailand, hereafter IMT-built and sustained pro-growth political coalitions that enabled them to adopt policies that ushered in sustained high growth. The focus is on IMT because circa 1960 few thought the three were candidates for high growth and because the three have factor endowments, ethnic heterogeneity, and forms of governance that resemble the Rest. These similarities suggest the Rest may have much to learn from IMT. The focus is unabashedly on the politics of development in IMT because dictators and democrats in IMT built and sustained pro-growth political coalitions that enabled them to link their long term political survival with delivering development. How and why they did so should be of keen interest to the Rest. Because dictators and democrats in IMT were committed to capitalist, industrial and open economy development strategies but deeply suspicious of a laissez faire approach to development, none of the three ever adopted a Washington Consensus style growth strategy. While all three toyed with a Northeast style capitalist developmental state approach to growth, because governments in IMT lacked the political requisites to make this strategy work, none really stuck to this approach to growth either. Instead dictators and democrats in IMT implemented highly pragmatic growth and development strategies. When markets worked, governments used them. When interventions worked governments relied on them. When either failed to deliver expected results, governments weeded out bad investments to sustain high growth. Such a pragmatic, trial and error approach to development should also be of keen interest to the Rest.

The Oxford Handbook Of Asian Business Systems

Author: Michael A. Witt
Publisher: OUP Oxford
ISBN: 0191626554
Size: 56.31 MB
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Much of the existing literature within the "varieties of capitalism" (VOC) and "comparative business systems" fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. As a result, the field has yet to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore to what extent existing theory applies to the Asian context. The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. Drawing on the deep knowledge of 31 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same consistent outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia. The Handbook is a major reference work for scholars researching the causes of success and failure in international business in Asia.

Two Crises Different Outcomes

Author: T. J. Pempel
Publisher: Cornell University Press
ISBN: 0801455014
Size: 63.36 MB
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Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time, Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success. Contributors: Muhamad Chatib Basri, Minister of Finance of the Republic of Indonesia and Professor of Economics at the University of Indonesia; Yun-han Chu, Institute of Political Science, Academia Sinica; Richard Doner, Emory University; Barry Naughton, University of California, San Diego; Yasunobu Okabe, Japan International Cooperation Agency Research Institute; T. J. Pempel, University of California, Berkeley; Tom Pepinsky, Cornell University; Keiichi Tsunekawa, National Graduate Institute for Policy Studies, Tokyo


Author: David Smyth
Publisher: Abc-Clio Incorporated
Size: 40.80 MB
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Since c1970, Thailand's position in the world has changed from potential communist 'domino' to one of the world's most dynamic economies. The confrontational politics of the 1970s, with the student-led revolution of 1973 and the bloody right-wing backlash In 1976, were replaced by a new consensus in the following decade, A concerted export drive sparked off a tremendous economic boom during the 1980s and early 1990s. Tourism also expanded rapidly, and is now the single largest foreign exchange earner. Economic Success has, however, been at a cost. Each year Bangkok has become more chaotic in the face of increased traffic and an Unprecedented building boom, and nationally there has been a widening gap between the 'haves' and the 'have-nots'. Moreover, Thailand is experiencing a potential AIDS time-bomb and serious environmental degradation. Despite Such pressures, and the sudden economic crisis of mid-1997, Thailand has enjoyed an enviable record of stability in recent years.

Southeast Asia S Misunderstood Miracle

Author: Yun-Chung Chen
Size: 75.69 MB
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This book assesses the sources and nature of growth, structural change, and industrialization in Thailand, Malaysia, and Indonesia. In particular, it considers the role of government intervention, market forces, and foreign investment in these Southeast Asian second tier, newly industrializing countries. The role of selective industrial policy in the three countries is critically examined. The contributors qualify, contradict, and challenge some of the conclusions and policy recommendations of other works such as the World Bank's influential East Asian Miracle (1993), which suggested that other developing countries should seek to emulate the second tier Southeast Asian NICs rather than the first tier East Asian NIEs.