Finance and Development

5184 Words21 Pages
Executive Summary
Thailand is a newly industrialized and export dependent country. Although it is developing country its economic growth rate is sustaining over the long period of time. It is middle income country in the south-east Asia. In 1988 the GDP growth rate was 12%.Then there was economic boom in the country. The purpose of paper is to assess is to find out the economic condition of Thailand and its economic performance regarding different policies. The economic growth of Thailand is better than any other developing country. Over the ten years between 1987 and 1996, the average annual GDP growth rate was 9.4 percent; the growth rate of real exports was 14.5 per cent, while inflation was contained at 4.7 per cent. The high level of
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Key reforms are needed to open the financial sector; improve the foreign investment climate, including updating telecommunications capabilities; and stimulate domestic investment and consumption to balance reliance on exports.
Origin of the Report:
Formal report writing is a mandatory requirement of the Finance and Development course of the BBA program. This report was assigned to give the students a better understanding of their studied theories and real life application of it.
* To know Thailand economic condition. * To know monetary and fiscal policy of Thailand. * To know their policies which improve their economic condition. * To know other macro economic variables of Thailand. * To enhance our subject knowledge.
To collect data for this report we use secondary information. We get all the information from World Bank and Bank of Thailand websites.
Limitations of the Report:
Research work is very much comprehensive. It is an accumulation of both information and creative thinking. It requires a great effort and long sound planning to make a report. It is true that we got help from many highly qualified people. But still we faced some problem. As we are really new in this field and it is our first report in our life; we felt lack of experience in every stage of our work. And there was not enough time for this
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