There is a more direct method,nike air max 1, is the government through a variety of preferential policies and high interest rate policy to attract more foreign capital inflows, with a capital account surplus to cover the current account deficit, to achieve international balance of income. Is a prerequisite for policy adjustment capital market liberalization that capital can flow freely into, out of, and must be greater than the inflow outflow, will have a capital account surplus. In living systems, due to the baht exchange rate is artificially fixed, lost income and the international trade balance adjustment function, the face of the growing current account deficit, the Thai government in fact there is only one choice, namely to accelerate the pace of opening up the capital market, through the various kinds of preferential policies and high interest rate policy to attract more foreign capital inflows.
The influx of capital is certainly not a bad thing,nike air max 90, but if there is no way to lock the capital, making it more lasting economic growth for the region's service, and that the problem is serious, short-term capital is obviously more speculative capital. In the case of short-term capital outflows started, Thailand's economic growth rate is slowing down. At this point, you need sunglasses price for men to implement expansionary monetary policy to stimulate economic growth. However, in order to maintain a fixed exchange rate pegged to the dollar, in order to prevent the outflow of foreign capital and to curb asset price bubble, the Bank of Thailand was forced to continue tightening monetary policy to continue to tighten monetary policy, continued to raise interest rates.
Economic experts have analyzed the face of such high interest rates, the Thai government pressure is obviously very large, the national economy will come about to the brink of collapse. In the phone inside, Chi-ki I kinda I do not know in the end there but the general range of disease thought nike air max 95 all right, then this is definitely not an expression, so he asked, in the end what the students ? Zi Qi at this time there is no the usual eloquent, but some Qiqiaiyi and said, nike air max 95 can not come here ah ?
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