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Unique in its approach and in the variety of methods and data employed, this book is the first of its kind to provide an in-depth evaluation of the financial system of Thailand, a proto-typical Asian developing economy. Using a wealth of primary source qualitative and quantitative data, including survey data collected by the author, it evaluates the impact of specific financial institutions, markets for credit and insurance, and government policies on growth, inequality, and poverty at the macro, regional, and village level in Thailand. Useful not only as a guide to the Thai economy but more importantly as a means of assessing the impact that financial institutions and policy variation can have at the macro- and micro-level, including the distribution of gains and losses, this book will be invaluable to academics and policymakers with an interest in development finance.
This book investigates the complex relationship between financial systems, economic growth, and social inequality within the context of a developing economy. Robert M. Townsend, a prominent economist, utilizes a rigorous framework to analyze how specific financial institutions and government policies influence poverty and wealth distribution. By integrating both macro-level economic data and micro-level village surveys, the author provides a comprehensive assessment of how financial access shapes the development trajectory of Thailand.
What You Will Find
Experts recognize this work as a foundational text for understanding the intersection of development finance and empirical economic research. Readers frequently note the academic density of the prose, which serves as a technical resource for policymakers and researchers in the field of development economics.
Page Count:
352
Publication Date:
2011-03-01
Publisher:
Oxford University Press
ISBN-10:
0199533237
ISBN-13:
9780199533237
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