Fiscal reforms in Thailand

The fiscal crisis facing most developing countries and the corresponding problems of resource mobilization, external debt and widening savings-investment gap have directed new attention to the importance of sound fiscal policies over the past few years. Like many other developing countries, Thailand...

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Main Authors: Chow, Yew Shiong, Ho, Joyce Hwee Chuen, Mah, Pui Ping
Other Authors: Ng Beoy Kui
Format: Final Year Project
Language:English
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10356/52768
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-527682023-05-19T05:44:59Z Fiscal reforms in Thailand Chow, Yew Shiong Ho, Joyce Hwee Chuen Mah, Pui Ping Ng Beoy Kui Nanyang Business School DRNTU::Business::Finance The fiscal crisis facing most developing countries and the corresponding problems of resource mobilization, external debt and widening savings-investment gap have directed new attention to the importance of sound fiscal policies over the past few years. Like many other developing countries, Thailand was unable to escape from the aftermath of the fiscal crisis. Hence, to cure the country of its economic ills, the Thai government shifted more emphasis towards restructuring its fiscal system, with the aim of achieving economic stability. As result, Thailand’s economy improved significantly and its growth rate began to increase rapidly. Despite these seemingly favourable developments, Thailand was once again forced with severe economic problems due to occurrences of various external events. Major structural weaknesses in the fiscal system surfaced in the light of these problems, thereby signalling the urgent need for further reform. BUSINESS 2013-05-27T03:28:18Z 2013-05-27T03:28:18Z 1996 1996 Final Year Project (FYP) http://hdl.handle.net/10356/52768 en Nanyang Technological University 125 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Business::Finance
spellingShingle DRNTU::Business::Finance
Chow, Yew Shiong
Ho, Joyce Hwee Chuen
Mah, Pui Ping
Fiscal reforms in Thailand
description The fiscal crisis facing most developing countries and the corresponding problems of resource mobilization, external debt and widening savings-investment gap have directed new attention to the importance of sound fiscal policies over the past few years. Like many other developing countries, Thailand was unable to escape from the aftermath of the fiscal crisis. Hence, to cure the country of its economic ills, the Thai government shifted more emphasis towards restructuring its fiscal system, with the aim of achieving economic stability. As result, Thailand’s economy improved significantly and its growth rate began to increase rapidly. Despite these seemingly favourable developments, Thailand was once again forced with severe economic problems due to occurrences of various external events. Major structural weaknesses in the fiscal system surfaced in the light of these problems, thereby signalling the urgent need for further reform.
author2 Ng Beoy Kui
author_facet Ng Beoy Kui
Chow, Yew Shiong
Ho, Joyce Hwee Chuen
Mah, Pui Ping
format Final Year Project
author Chow, Yew Shiong
Ho, Joyce Hwee Chuen
Mah, Pui Ping
author_sort Chow, Yew Shiong
title Fiscal reforms in Thailand
title_short Fiscal reforms in Thailand
title_full Fiscal reforms in Thailand
title_fullStr Fiscal reforms in Thailand
title_full_unstemmed Fiscal reforms in Thailand
title_sort fiscal reforms in thailand
publishDate 2013
url http://hdl.handle.net/10356/52768
_version_ 1770567418818592768