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Asia and Pacific > Thailand

You are looking at 1 - 6 of 6 items for :

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Cover IMF Staff Country Reports
Indonesia: Selected Issues
International Monetary Fund
This Selected Issues paper for Indonesia reports that following the major cleanup of the banking sector after the crisis, banks’ performance has improved as net interest margins and profitability have increased. Public and external debt ratios have declined and international reserves have risen, reducing domestic and external vulnerabilities. Indonesia stands out as having experienced a slower recovery in investment and exports than other countries hit by the Asian crisis. Recognizing the challenge, the government has adopted a sound medium-term strategy focused on boosting economic growth.
Keywords:
ISCR; CR; Indonesia; export; growth performance; multiplicative Indonesia dummy; growth prospect; growth record; growth experience; Oil; Bank credit; Credit; Employment; Asia and Pacific; Middle East; East Asia; Sub-Saharan Africa; South Asia; Global
Cover IMF Working Papers
Increasing Public Sector Revenue in the Philippines: Equity and Efficiency Considerations
Mr. Kevin Fletcher
Public sector revenue has declined markedly in the Philippines over the past seven years. Most observers of the Philippine economy agree that rebuilding public sector revenue will be critical to reducing deficits and ensuring public sector debt sustainability. This paper reviews several of the main possibilities for raising public sector revenue, including increases in excise, VAT, and electricity rates. It argues that most of these proposals would raise revenue in a relatively efficient manner. Using household-level expenditure data, it also finds that most of these measures would be progressive, especially if they allow the government to avoid cuts in pro-poor spending.
Keywords:
WP; VAT; excise; rate; tax rate; VAT rate
Cover IMF Staff Country Reports
Cambodia: Selected Issues
International Monetary Fund
This Selected Issues paper for Cambodia explores the implications for long-term sustainable growth from cross-country analysis of the sources of growth. Cambodia’s low labor productivity, inadequate and expensive infrastructure, and a cumbersome regulatory environment do not bode well for future sustainable growth. Favorable external conditions, including foreign aid flows and trade agreements, have helped propel growth. As with other transition economies, Cambodia lags in institutional and market development. Cambodia has also benefited from large aid inflows, which have boosted economic activity.
Keywords:
ISCR; CR; bottom; Cambodia; foreign direct investment; FDI approval; FDI inflow; flows in Cambodia; CDC investment approval data; inequality poverty decomposition; Gasoline; Aid flows; Exports; Legal support in revenue administration; Oil; Asia and Pacific; Global; South America; Middle East; Western Hemisphere; Sub-Saharan Africa
Cover IMF Staff Country Reports
Thailand: Statistical Appendix
International Monetary Fund
This report provides the IMF's projections and estimates on Thailand's expenditure on gross domestic product at current prices; balance of payments during 1995–2000; gross domestic product by industrial origin at current and constant prices during 1995–99; investment and savings at constant prices; gross domestic product at 1988 prices; selected energy prices; mining and agricultural productions during 1995–2001; central government fiscal accounts and revenue and grants; central government expenditure by economic classification,1995/96–1999/2000; summary of the central and local government tax system; financial and monetary surveys during 1996–2001, and so on.
Keywords:
ISCR; CR; U.S. dollar; private sector; withholding tax; import duty; long-term debt; income tax; capital goods; gross income; consumer goods; Agricultural commodities; Transportation; Imports; Income; Oil; Mekong; Nonmonetary capital; International Monetary Fund Washington; d.c; publication policy; net medium; Commercial banks; Public sector
Cover Finance & Development
Finance & Development, September 1998
International Monetary Fund. External Relations Dept.
For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Keywords:
FD; F&D; income; country; price; economy; income distribution; IMF survey; income inequality; IMF Advisor; transition economy; Civil society; Education spending; Income distribution; Income inequality; Real exchange rates; Sub-Saharan Africa; Asia and Pacific; Global; Central and Eastern Europe; East Asia
Cover IMF Working Papers
Real Exchange Rates and Commodity Prices
Dominique Yves Dupont
and
Mr. V. Hugo Juan-Ramon
This paper examines the relations between fluctuations in real exchange rates among the major currencies and fluctuations in real commodity prices. Increased exchange rate volatility calls for a better understanding of these relations. To the best of our knowledge, no systematic study of those effects has been performed on a wide range of commodities, although Sjaastad and Scacciavillani (1993) have done so for gold. We build on their approach and construct a supply and demand multi-country model, with world market clearing, which incorporates speculative and non-speculative demands for inventories and “static” and “rational” expectations. We estimate the model using several econometric methods on monthly data from January 1972 to January 1992 for 65 commodity prices. The paper finds that, for a small group of commodities, the dollar-denominated price is significantly influenced by the deutsche mark and the yen. The empirical results show that geographical proximity matters, and that supply and demand elasticities are important in determining the commodity price in world markets above and beyond the size of the share of those commodities in world trade.
Keywords:
WP; deutsche mark; excess demand; commodity price; soybean meal; market power; world demand; LTNCTAD commodity yearbook; long-terms elasticity; price expectation; commodity price in terms; commodity prices determination; dollar price of the commodity; price of the commodity; world price of a commodity; commodity world demand; Commodity prices; Agricultural commodities; Oil; Real exchange rates; Europe; dollar price