01648cas a2200241 a 4500 AALejournalIMF009436 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451969368 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Thailand : Selected Issues. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (61 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper on Thailand reviews public investment and investment recovery from financial crises. Thailand is a country with a moderate tax effort, which indicates that increases in public saving should be achieved through a mixture of tax and expenditure measures. Future budgets should accommodate the megaprojects without putting excessive pressures on public finances, inflation, and the external balance. Least present value of revenue (LPVR) auctions alleviate the demand risk inherent in the fixed-term contracts and thus eliminate a key driver for renegotiations and the provision of minimum income guarantees. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/231 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/231/002.2007.issue-231-en.xml IMF e-Library