Thailand: Selected Issues

July 3, 2007

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Thailand: Selected Issues, (USA: International Monetary Fund, 2007) accessed November 25, 2024

Summary

This Selected Issues paper on Thailand reviews public investment and investment recovery from financial crises. Thailand is a country with a moderate tax effort, which indicates that increases in public saving should be achieved through a mixture of tax and expenditure measures. Future budgets should accommodate the megaprojects without putting excessive pressures on public finances, inflation, and the external balance. Least present value of revenue (LPVR) auctions alleviate the demand risk inherent in the fixed-term contracts and thus eliminate a key driver for renegotiations and the provision of minimum income guarantees.

Subject: Expenditure, Financial crises, Infrastructure, National accounts, Public debt, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Asia and Pacific, Caribbean, Chapter III, Core challenge, CR, Further reform, Global, Growth, Growth prospect, Infrastructure, Investment ratio, Investment slump crisis, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, Reform, Slump

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/231
Stock No:

1THAEA2007001
ISBN:

9781451969368
ISSN:

1934-7685

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