Show simple item record

dc.contributor.authorLooney, Robert
dc.contributor.otherCenter for Contemporary Conflict (CCC)
dc.dateDecember 2003
dc.date.accessioned2013-01-11T00:06:34Z
dc.date.available2013-01-11T00:06:34Z
dc.date.issued2003-12
dc.identifier.citationStrategic Insights, v.2, issue 12 (December 2003)
dc.identifier.urihttp://hdl.handle.net/10945/25449
dc.descriptionThis article appeared in Strategic Insights (December 2003), v.2 no.12en_US
dc.description.abstractPrior to the Asian Economic Crisis sparked by the collapse of the Thai baht in 1997, Southeast Asia looked like a sure bet for a long period of high sustained economic growth. As a region, Southeast Asia's economies are the most open to international trade. While such openness spurred their growth for several decades, in the post 1997 period it has left them increasingly vulnerable to adverse economic and political shocks. Greatly compounding the region's economic woes was the powerful Bali terrorist attack and its impact on tourism. The openness of these economies makes them especially vulnerable to terrorist acts. Despite these challenges, the Thai economy began accelerating from a growth rate of 1.9 percent in 2001 (the year Dr. Thaksin was elected Prime Minister) to 5.3 percent in 2002, to a projected 6.5 percent in 2003, with forecasts of even higher rates in the next several years. Thailand has built on its recent economic successes to quickly become one of the United States' most valued allies in Asia. What is especially interesting about Thailand is the unique set of economic policies implemented during this period of accelerated growth. Often dubbed Thaksinomics, these policies represent a distinct break from the past. To Thaksin's followers the new economic measures are not only capable of returning Thailand to the pre-1997 glory days of high growth, but perhaps even more importantly, enabling the country to successfully coexist economically with China, while, at the same time, making Thailand a less fertile ground for terrorism. This essay examines the phenomenon of Thaksinomics. What does it replace? What are its main assumptions? The key policies and programs implemented to date? The likelihood of its success? Implications for the United States?en_US
dc.publisherMonterey, California. Naval Postgraduate Schoolen_US
dc.relation.ispartofStrategic Insights, v.2, issue 12 (December 2003)
dc.relation.ispartofseriesStrategic Insights
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleThaksinomics: A New Asian Paradigm; Strategic Insights: v.2, issue 12 (December 2003)en_US
dc.typeArticleen_US
dc.contributor.corporateCenter for Contemporary Conflict
dc.contributor.corporateNaval Postgraduate School (U.S.) Monterey, California
dc.contributor.departmentNational Security Affairs (NSA)


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record