TITLE

Fixing What's Not Broken

AUTHOR(S)
Hedrick-Wong, Yuwa
PUB. DATE
November 2005
SOURCE
Forbes Asia;11/28/2005, Vol. 1 Issue 8, p28
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article examines the economic impact of Thaksinomics introduced by Thai Prime Minister Thaksin Shinawatra after he took office in 2001. Thaksinomics aims to reduce Thailand's supposed dependency on exports and also tries to redress the imbalance between rural and urban sectors by economic restructuring. Thaksinomics posed risks of misallocating scarce resources and creating market distortion over the longer term. The real reason behind the strong performance of the Thai economy from 2002 to 2004 is the simultaneous growth of domestic demand and exports.
ACCESSION #
20957308

 

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