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Services - Led Growth in Thailand, 1956-1970

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image of Asian Journal of Social Science

The purpose of this short paper is to describe briefly the peculiar pattern of Thailand's economic growth during the last 15 years. The paper will be divided into three parts. The first part will briefly describe the pattern of Thailand's economic development from 1956 to 1970. The second part will show the impact of this particular pattern of development on Thailand's balance of payments. The third part will suggest some other possible effects of this development pattern.

Affiliations: 1: Department of Economics Chuldlongkorn University


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