The recent southeast Asia Finanical crises bare many similarities with that in Mexico two years ago. the reasons for that are as follows: 1. the failure of economic policies; 2. the unreasonable of the economic struct...The recent southeast Asia Finanical crises bare many similarities with that in Mexico two years ago. the reasons for that are as follows: 1. the failure of economic policies; 2. the unreasonable of the economic structure; 3.the huge deficit of current items; 4 . the out of proportion between foreigh exchange reserve and short term liabilities; 5. the unreasonable of foreign investment structure; 6. the economic bubble.Among these, the failure of economic policies is the key reason, in Mexcan case, in order to achieve economic transition, Mexico promoted the rapid develo pment of its national economy, and mainly rely on foreigh investment instead of itselves accumulation, therefore, in many aspects Mexico broke away from its own situation. In Thailand case, in order to achieve high growth rate, it introduces foreign investment blindly, the other weakpoint is that Tailand has long been relying on labor - intensive export - ori-ented industries.展开更多
文摘The recent southeast Asia Finanical crises bare many similarities with that in Mexico two years ago. the reasons for that are as follows: 1. the failure of economic policies; 2. the unreasonable of the economic structure; 3.the huge deficit of current items; 4 . the out of proportion between foreigh exchange reserve and short term liabilities; 5. the unreasonable of foreign investment structure; 6. the economic bubble.Among these, the failure of economic policies is the key reason, in Mexcan case, in order to achieve economic transition, Mexico promoted the rapid develo pment of its national economy, and mainly rely on foreigh investment instead of itselves accumulation, therefore, in many aspects Mexico broke away from its own situation. In Thailand case, in order to achieve high growth rate, it introduces foreign investment blindly, the other weakpoint is that Tailand has long been relying on labor - intensive export - ori-ented industries.
