Macroeconomic Policy for Emerging Markets - 9781138644199

Taylor & Francis

Macroeconomic Policy for Emerging MarketsLessons from Thailand\nAuthor(s): Bhanupong Nidhiprabha\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138644199, 978-1138644199\nSynopsis\nMacroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailands 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been done to avoid economic instability. It also examines how short-term complications can develop into perennial problems obstructing the process of economic development.\n\nThe book provides an alternative approach to the study of economic growth through the inclusion of both economic history and institutional context, appealing to academics and economists who .