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Macroeconomic Policy for Emerging Markets: Lessons from Thailand book cover

1st Edition

Macroeconomic Policy for Emerging Markets Lessons from Thailand

By Bhanupong Nidhiprabha Copyright 2019
268 Pages 170 B/W Illustrations
by Routledge

268 Pages 170 B/W Illustrations
by Routledge

268 Pages 170 B/W Illustrations
by Routledge
Also available as eBook on:
Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailand’s 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been... Read more

1. The Thai Economy in the Early Years: 1961-1990

2. The Resilience of the Thai Economy: 1991-2005

3. Political Instability, the Coups, and the Underperforming Economy: 2006-2017

4. The Banking Sector: Adjustments to Financial Crises and Business Cycle

5. The Stock Market and Macroeconomy

6. External Imbalances and Macroeconomic Adjustments

7. Exchange Rate Policy: Lessons from the Past

8. Monetary Policy Strategy for Long-term Growth and Stability

9. Impacts of Quantitative Monetary Easing Policy

10. China’s Business Cycle and Impacts on Thailand

11. Fiscal Policy for Long-term Growth and Stability

12. Macroeconomic Perspective of Poverty and Income Distribution

13. Conclusions: Lessons for Emerging Economsies

Biography

Bhanupong Nidhiprabha is Professor in Economics at Thammasat University, Bangkok, Thailand. He was also Dean of the Faculty of Economics between 2011 and 2014.

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