The Global Financial Crisis and Asia 2012
DOI: 10.1093/acprof:oso/9780199660957.003.0010
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Thailand’s Growth Rebalancing

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 4 publications
(6 citation statements)
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“…This can increase the productivity of local firms. Jitsuchon and Sussangkarn (2009) noted that the best way to rebalance growth is by increasing productivity. This raises wage rates and labor income over time, increasing the long run purchasing power of consumers.…”
Section: Promoting Technology Transfer and Industrial Upgrading In Developing Asiamentioning
confidence: 99%
See 1 more Smart Citation
“…This can increase the productivity of local firms. Jitsuchon and Sussangkarn (2009) noted that the best way to rebalance growth is by increasing productivity. This raises wage rates and labor income over time, increasing the long run purchasing power of consumers.…”
Section: Promoting Technology Transfer and Industrial Upgrading In Developing Asiamentioning
confidence: 99%
“…Rebalancing should take place on both the supply side and the demand side. On the supply side, the best way to rebalance growth is to increase productivity (Jitsuchon and Sussangkarn 2009) which would raise wage rates and living standards. On the demand side, producers in the region should look more to Asian consumers as an engine of growth.…”
Section: Introductionmentioning
confidence: 99%
“…This was also discussed in Jitsuchon and Sussangkarn (2009) and is related to the discussion above on the need to increase or deepen Thailand's capital goods industries to lower investment's dependence on imports. Deepening other industries will also have similar impacts on the economic system as a whole.…”
Section: Deepening the Production Structure And The Creation Of New Dmentioning
confidence: 89%
“…The great benefit of increasing total factor productivity (TFP) for a more balanced growth path was already discussed in Jitsuchon and Sussangkarn (2009) and will only be mentioned briefly here. Clearly, if one can create more output from the same inputs, then growth will be boosted, and can replace growth that was previously generated by other factors, such as exports.…”
Section: Productivity Improvementsmentioning
confidence: 99%
“…Austria (2008) similarly concluded, based on a detailed analysis of import and export data, that ASEAN's electronics exports are highly import-dependent and that domestic valueadded is minimal. Jitsuchon and Sussangkarn (2009) noted that the high dependence on imports is a structural weakness for ASEAN members of regional production networks. ASEAN countries would benefit if more of the value-added could be produced domestically.…”
mentioning
confidence: 99%