We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Thailand the Struggle for Success - Essay Example

Comments (0)
The author of the following essay under the title "Thailand the Struggle for Success" casts light on the study of Thailand as the case of economic policies as far as the realms of trade, investment, and other government policies are concerned. …
Download full paper
Thailand the Struggle for Success
Read TextPreview

Extract of sample
"Thailand the Struggle for Success"

Download file to see previous pages The import substitution policy was then replaced in the mid-1970s with the policies to boost exports. The impact of this shift in policy meant that not only Thailand now had a strong agrarian and industrialized economy but it also diversified in a sense that its economic structure became export-led which had a portfolio as diversified that it included textiles, electronics, chemicals, iron and steel, and minerals. One of the reasons for this diversity in the portfolio was the abundance of labor and natural resources. Thus, Thailand took complete advantage of globalization and its economy reported a growth in its average real GDP of 6.6% from 1960 to 1996 (The Brooker Plc p.8-9). This growth is the average growth rate in these years, there were also years in which Thailand witnessed exponential growth rate in terms of GDP and until 1997, Thailand was all set become the regional hub of the business and commerce activities in the region.
Before 1997 Thailand implemented a policy of fixed exchange rate. Its exchange rate was pegged against the dollar. This effectively reduced the transaction costs attached to the inflow and outflow of investments. This obviously resulted in speedy growth as a result of the foreign direct investment. Unfortunately, the lack of foresight and anticipation on the part of Thai government led to the settlement of an economy which was heavily dependent on this direct investment. This policy saw its negative ambiance when in 1997 the investors lost confidence in the recovery of their investments and thus began to keep a check on their investments. The trigger down effect led to heavy speculations against baht and the local investors sold baht and bought more dollars. This caused the capital outflows from the country. But the real impact was felt when the government decided to float the exchange rate. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Economic development in Thailand.Thailand’s economic development has strongly been market-oriented and has an open trade for investment with the rest of the world. Thailand has been having an outstanding performance in the economic development since late 1950s.
12 Pages(3000 words)Research Paper
An investigation into the current success factors for small and medium enterprises in Thailand
This research thus makes use of the construct of ‘success factor’, which is also mentioned in the hypothesis. The success factors themselves are qualitative because they are not quantifiable.
7 Pages(1750 words)Essay
These people might even hesitate as they do not have a clear idea of what actually success is. In fact, defining the real meaning of success is a challenging task. If someone asked me the same question, I would say that success is basically achieving a goal.
4 Pages(1000 words)Essay
An Investigation into the Current Success Factors for Small and Medium Enterprises (SMEs) in Thailand
characteristics of the business organization, its management, its relationships with other entities and other contextual variables that lead or contribute to the business becoming successful. Furthermore, the focus is on a particular type of business and on those belonging to a particular country.
7 Pages(1750 words)Essay
For instance, one could be a prominent and high achieving company manager who works hard all through the night each day. But when the price one has to pay for such is spending incredibly little or no time with family and friends, it cannot truly be viewed as success from a holistic point of view.
2 Pages(500 words)Essay
Retail Market in Thailand
In 2003, there were a total of 380,000 retail outlets in Thailand, of which 296,000 were food retailers and the remaining 84,000 were non-food retailers. Total retail sales area in the similar year stood at 85.53 million square metres. The meaning of the retail trade in Thailand is obvious when it is seen that though employment in retailing engaged 4,985,000 people, or 14.3% of total employment, it accounted for 69.1% of total consumer expenses on goods (Barry Wilson, 2004).
10 Pages(2500 words)Assignment
People set different ambitions and aspirations for their life and when they are able to fulfill their ambitions and aspirations, they feel that they are successful. Success cannot be seen as a concept that is similar in all the
3 Pages(750 words)Essay
Struggle & Survival
These common persons were the genuine accelerators of social transformation in colonial society since they were the manufacturers, law
2 Pages(500 words)Essay
Thailand Baht
Finance one was a major company in Thailand, the Thai government suspended the shares of the company and also tried its best to make an acquisition, a small Thai bank was supposed to acquire the much troubled
2 Pages(500 words)Essay
Such definitions of success are even emphasized upon in different dictionaries available online and offline. For example: a web based dictionary defines success as the proof of attaining wealth, recognition
2 Pages(500 words)Essay
Let us find you another Essay on topic Thailand the Struggle for Success for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us