Tigers aside, Mr Somchai's tick is not the first time economists have used animals to explain their models. He said Thailand is rather a crouching tiger, waiting for the moment to take off. It makes sense for Thailand to partner with countries that have economic potential. Over the past couple of years, the Thai economy has expanded lower than its growth potential of 4-5%. To be fair to Somchai Sujjapongse, the permanent secretary of the Finance Ministry proposed the Siam tick model in good faith.

Source: Bangkok Post August 06, 2016 22:18 UTC