Abstract for: Foreign Direct Investment-led Growth in Emerging Economies: Thailand after the Asian Financial Crisis
This article investigates the role of foreign direct investment (FDI) in developing countries. Attracting FDI is a significant component of the development strategy for developing countries of East Asia. Among those countries, Thailand is a good example that experienced the rise and fall of FDI inflow caused by financial crises. Therefore, this article re-examines the FDI-led economic growth through a macroeconomic analysis of the Thai economy.