Thailand

Why has public policy had only an indirect impact on Thailand�s considerable developmentNULL This comprehensive report points to policy differences within the country�s government. First it describes macroeconomic policies that advanced private enterprises, promoted universal education, and created productive state-owned companies. Then the report compares these policies with government interventions that--until recently--heavily favored capital-intensive industries over agriculture and labor-intensive manufacturing. Thailand�s successful economic adjustment program is also examined. This program produced double-digit growth rates in the late 1980s by opening trade, expanding labor-intensive exports, and encouraging foreign direct investment.Christensen, Scott is the author of 'Thailand', published 1993 under ISBN 9780821326084 and ISBN 0821326082.