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
相关论文
共 50 条
  • [1] Features of fiscal policy of Great Britain in the global financial crisis
    Romashenko, O., V
    TERRA ECONOMICUS, 2010, 8 (04): : 197 - 200
  • [2] Fiscal Policy and Financial Cycles: Evidence from Türkiye in the Post-Global Financial Crisis
    Sahin, Aysegul
    Karagol, Veysel
    MALIYE DERGISI, 2023, (185): : 75 - 96
  • [3] ASEAN think tanks, policy change and economic cooperation: from the Asian financial crisis to the global financial crisis
    Zimmerman, Erin
    Stone, Diane
    POLICY AND SOCIETY, 2018, 37 (02) : 260 - 275
  • [4] Fiscal policy, banks and the financial crisis
    Kollmann, Robert
    Ratto, Marco
    Roeger, Werner
    in't Veld, Jan
    JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2013, 37 (02): : 387 - 403
  • [5] Forestry Policy in Response to the Global Financial Crisis in China
    Cao Yukun
    Guo Hongfei
    PROCEEDINGS OF 2009 INTERNATIONAL CONFERENCE OF MANAGEMENT SCIENCE AND INFORMATION SYSTEM, VOLS 1-4, 2009, : 1102 - 1106
  • [6] Global growth on life support? The contributions of fiscal and monetary policy since the global financial crisis
    Baumann, Ursel
    Lodge, David
    Miescu, Mirela S.
    INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2024, 29 (01) : 76 - 90
  • [7] The Role of Fiscal Policy at the Time of Financial Crisis
    Vlasov, S. A.
    Ponomarenko, A. A.
    ZHURNAL NOVAYA EKONOMICHESKAYA ASSOTSIATSIYA-JOURNAL OF THE NEW ECONOMIC ASSOCIATION, 2010, (07): : 111 - 133
  • [8] FISCAL POLICY AT A TIME OF FINANCIAL CRISIS: AN OVERVIEW
    Lubinski, Marek
    GOSPODARKA NARODOWA, 2010, (09): : 1 - 23
  • [9] ASEAN's Core Norms in the Context of the Global Financial Crisis Is the Crisis a Catalyst for Institutional Development?
    Nair, Deepak
    ASIAN SURVEY, 2011, 51 (02) : 245 - 267
  • [10] Fiscal Policy: Lessons from the Global Crisis
    Mates, Neven
    CROATIAN ECONOMIC SURVEY, 2011, (13) : 5 - 56