Thailand: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Thailand

December 1, 2010

Preview Citation

Format: Chicago

Thailand: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Thailand, (USA: International Monetary Fund, 2010) accessed November 23, 2024

Summary

The Thai economy has demonstrated its strength in its rapid rebound from the global crisis. But the loss of its former dynamism has slowed trend growth and left it largely dependent on exports. Executive Directors encourage an infrastructure-led growth strategy to make a difference to Thailand’s medium-term outlook. The significant obstacles to this strategy is that large infrastructure projects are particularly complex, with difficulties at the design, contracting, and implementation phases. An infrastructure-led growth strategy would also require budgetary resources and strengthening the medium-term fiscal framework.

Subject: Banking, Central bank policy rate, Credit, Economic sectors, Exports, Financial services, International trade, Money, Public debt, Public sector

Keywords: Asia and Pacific, Central bank policy rate, Committee's decision, CR, Credit, Exports, Fiscal policy, Fiscal policy space, FSMP II, Global, ISCR, Monetary policy response, Public sector, Sizeable fiscal policy, Stimulus package

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/344
Stock No:

1THAEA2010001
ISBN:

9781455212668
ISSN:

1934-7685

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