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The Paradoxes of Thailand's Pre-crisis Export Performance

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  • Philippe De Lombaerde

Abstract

Starting from the observation that Thailand succeeded in developing its exports in a spectacular way in the decades preceding the 1997 financial crisis, the author points to a number of apparent paradoxes that become apparent when looking at Thai trade policies in detail. For example, Thai trade policy was characterized by an anti-export bias, the causal effect of inward foreign direct investment (FDI) on exports could not clearly be demonstrated, and the effects of discriminatory tariff reductions were apparently very poor. Elements of an explanation are suggested.

Suggested Citation

  • Philippe De Lombaerde, 2008. "The Paradoxes of Thailand's Pre-crisis Export Performance," Global Economic Review, Taylor & Francis Journals, vol. 37(2), pages 249-264.
    • Handle: RePEc:taf:glecrv:v:37:y:2008:i:2:p:249-264
    DOI: 10.1080/12265080802021235
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    References listed on IDEAS

    as
    1. Mr. David Robinson & Mr. Ranjit S Teja & Yangho Byeon & Ms. Wanda S Tseng, 1991. "Thailand: Adjusting to Success: Current Policy Issues," IMF Occasional Papers 1991/014, International Monetary Fund.
    2. Peter Wilson & Ting Su Chern & Tu Su Ping & Edward Robinson, 2005. "A Dynamic Shift-Share Analysis of the Electronics Export Market 1988-2001 : Can the NIEs Compete with China?," Trade Working Papers 22582, East Asian Bureau of Economic Research.
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