"Thailand’s prolonged political crisis and poor management of the economy over the past few decades have taken a huge toll on the country’s growth.

 

The Thai economy grew just 1.5 per cent in the first quarter of this year after having expanded 1.7 per cent in the fourth quarter of last year and 1.9 per cent for the full year in 2023, according to state-owned think-tank National Economic and Social Development Council.

 

The country has been bogged down by sluggish growth for decades since the 1997 financial crisis." 

 

https://www.thaipbsworld.com/has-thailand-become-the-sick-man-of-asean/

Now where can ALL that money go??? 🤔

Answer - yes.  Chronically sick.

Maybe ASEAN is getting sick of Thailand ........ like Myanmar just for other reasons ........ 

It isn't that surprising when the people running the economy know nothing about economics and a lot about jailing people.

Maybe letting those who won the last election take power? Having a gang of too old Senators deciding to cancel the peoples will is not actually helpful, is it!! 

It's going to get worse. A good indicator of where a country is heading economically is to look at their position and trending in the PISA EDUCATIONAL TABLES. 

This topic continues here.

 

/Closed.