The Thai economy: Was hot, now sour

Analysis - the Thai economy: Was hot, now sour - Asia Today, August 13, 2005
...In fact, despite the slowdown, growth in the neighborhood of five per cent is a rate many countries aspire to. So why the general gloom?
To some degree, the answer is psychological. With Thaksin having promised continuing high growth, a slowdown feels like a recession to many executives.
...In the face of such problems, some are noting that, after four years in office, the current administration has done little to address fundamental weaknesses in the economy. Among them is an education system that turns out workers who can't solve problems or think creatively, exports that generally have low local content and little value-added, poor infrastructure and logistics capabilities, and, relatively poor corporate governance...
This entry was posted in 2Bangkok News. Bookmark the permalink.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.