This essay reviews the traumatic experience of Thailand's economy during 1997-1999, describes the policy response, and draws lessons for the future. Whereas the country's economic performance until 1996, was exemplary within the developing world - consistent growing, high gross domestic product...

This publication presents a framework that emphasizes the economic and policy incentives needed to create competitive firms and national economies. It also explains the key capabilities that firms must develop in-house in order to become more competitive. The framework provides a link between...