Thailand Beyond the Crisis

Description

Thailand Beyond the Crisis includes recent research to give an accurate and up to date picture of the status of Thailand's economic recovery. The Asian economic crisis began in Thailand and ended a decade of sustained economic boom. This book identifies the role of policy errors involving both the Thai government and the IMF that lead to the crash of the fastest growing economy in the world. Warr addresses the consequences of the crisis, including sharply increased poverty incidence and a backlog of non-performing loans which clogged the banking system, delaying recovery. This book also explores the political consequences of theses events, including the emergence of the populist government of tycoon turned politician Thaksin Shinawatra. Featuring distinguished contributors, including many from Thailand, this survey concludes that Thailand's long term prospects depend on crucial economic reforms. Key content includes: * the Social Consequences of the crisis, and alternatives * public sector reform * implications of a floating exchange rate * education * urbanisation and the environment.

'All the essays are well-balanced, carefully argued, with introductory overviews and conclusions ... Mr Warr's scholarly effort is to be commended; the volume could well serve as a core textbook for a course of modern Thai studies.' - Asian Affairs