Macroeconomics Case Study

Thaksin Shinawatra and The Thai Economy

OR

Abstract:
Thailand was one among the four countries that was badly affected by the East Asian Crisis in 1997. During the post-1997 period, Thailand undertook a series of measures to restore the economy. In 2001, Thaksin Shinawatra was elected as the Prime Minister of Thailand. He implemented strategies such as 'Dual-Track' and formulated a five-year plan in a bid to steer and accelerate the economy.

Pedagogical Objectives:

To discuss the events that led to the East Asian crisis, the strategies adopted by Mr Shinawatra in the revival of the Thai economy and the Challenges that lie ahead of Mr Shinawatra.

Keywords : Government and Business Environment Case Study, Thaksin Shinawatra, Thailand economy, Thai baht devaluation, Dual track plus, Thaksinomics, Economic stimulus packages, Bangkok international banking facilities, Thai public debt, South East Asian financial crisis, Thailand infrastructure investments, Business Environment Case Study, National Asset Management Corporation, National Economic and Social Development Board, Non-performing loans, Baht peg to the dollar, Thai real estate industry