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. 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.
Peter Warr is currently John Crawford Professor of Agricultural Economics at the Australian National University
ContributorsPrefaceNote on referencing of Thai namesMap of ThailandPart 1 Background to the Crisis and the Recovery Process1. Boom, Bust and Beyond 2. Anatomy of the Crisis Part 2 The Social and Political Context of the Recovery Process3. Pluto-Populism: Thaksin and Popular Politics 4. Socio-economic Consequences of the Crisis 5. Developing Social Alternatives: Walking Backwards into a Khlong Part 3 The New Environmenta for Economic Policy Making6. Public Sector Reform: A Post-crisis Opportunity7. Dealing with Debt: NPLs and Debt Restructuring 8. The Implications of a Flexible Exchange Rate Part 4 The Long Term - Human Capital, Urbanization and the Environment9. Education: The Key to Long Term Recovery? Sirilaksana Khoman10. Urbanization: New Drivers, New Outcomes Douglas Webster11. Natural Resources and the Environment Mingsarn Kaosa-ardIndex
'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