Global Financial Crisis and ASEAN: Fiscal Policy Response in the Case of Thailand and Indonesia

被引:13
|
作者
Sangsubhan, Kanit [1 ]
Basri, M. Chatib [2 ]
机构
[1] Fiscal Policy Res Inst, Bangkok 10400, Thailand
[2] Univ Indonesia, Depok, Indonesia
关键词
ASEAN; fiscal policy; fiscal sustainability; global financial crisis; Indonesia; Thailand;
D O I
10.1111/j.1748-3131.2012.01241.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Sound macroeconomic and financial fundamentals, plus quick and forceful fiscal policy responses contributed to Thailand's and Indonesia's economic recovery in the aftermath of the global financial crisis. This paper reviews the impacts of the recent global financial crisis on the Thai and Indonesian economies, and identifies the characteristics of the fiscal stimulus package in each economy and their implications to counter the negative impact of the global financial crisis.
引用
收藏
页码:248 / 269
页数:22
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