Thaksinomics - The Bank for SMEs


	Origins of Thaksinomics Demise of The Washington Consensus Limitations of the East Asia Economic Model Adverse Trends in Total Factor Productivity Elements of Thaksinomics Farm Assistance Urban Relief Retired Civil Servants The Village Fund The People's Bank The Bank for SMEs One Tambon Project The Capital Creation Scheme Grand Project Schemes Vayupak Mutual Fund Initiative References

The Bank for SMEs (Small and Medium-Sized Enterprises)

SMEs play a critical role in Thaksinomics and the Bank for Small-and Medium Sized Enterprises is the financial component of the Government's overall SME promotion program. SMEs account for 40-50 percent of the Thai economy's GDP, 38 percent of the total value of exports and 69 percent of the country's jobs. Thaksinomics singles out SMEs because of their potential to adjust to fast changing conditions, to reach certain market niches more rapidly than bigger companies and to innovate in terms of products and process.

Thaksin Shinawatra / Thaksin