William Pesek: Why Thailand risks a lost economic decade- Nikkei Asian Review
If you want a good summary highlighting every issue that Thailand is facing at the moment then you could do far worse than this one, here’s a snippet and a link to the rest of the article.
Raising Thailand’s global skills game is not easy when you are on your 20th education minister in 17 years. But it is vital as the military government talks of advanced industries, or “Thailand 4.0,” to lift incomes and beat the middle-income trap. That goes, too, for moving up the value-added ladder with a $45 billion Eastern Economic Corridor project and developing “Green Agriculture Cities” around the nation. Again, the talk sounds great, but what about the execution?
My quick two cents, all the points written are valid, it’s rather obvious that the government is attempting to emulate the period of “prosperity” that Thailand had under the guidance of Prem back in the 80’s. And in reality Thailand has already had a lost decade, Thaksin, despite his well-noted shortcomings, was the only PM that was able to have push through any real developments/changes here for the past 2 decades.
Source: Nikkei Review
Traveller
These problems are well known, but solutions? Isn’t this a bit of a glass half full story?? There is some good news- e.g. tourism….??
I am trying to think of a country withput major problems at present but couldn’t think of one
Pon
Correct, there are problems everywhere and yes Thailand still has plenty going for it.