Thailand: 2013 Article IV Consultation

Thailand: 2013 Article IV Consultation

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This 2013 Article IV Consultation highlights that in 2012, Thailanda€™s economy rebounded strongly from the devastating floods, with real GDP growing by 6.5 percent. Private consumption rose 6.7 percent, reflecting pent-up demand and government measures, including the rice pledging scheme, where the government was committed to buying rice from farmers at a set price above the prevailing market price, and the first-car buyer scheme. On the back of reconstruction spending, private investment grew by 14.4 percent. With growth driven by domestic demand, the current account surplus is expected to reach a small deficit of 0.2 percent of GDP in 2014.Ltd.; and IMF staff estimates. ...portfolio inflows and other investments dominated capital inflows in 2012... Net Inflows: ... 2011 2012 2013 (mid- equity inflows seemed to be positively associated with stock market capitalization... Externalanbsp;...

Title:Thailand: 2013 Article IV Consultation
Author:International Monetary Fund. Asia and Pacific Dept
Publisher:International Monetary Fund - 2013-11-11


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