Productivity slump behind Thailand's economic woes | Bangkok Post: opinion - News Summed Up

Productivity slump behind Thailand's economic woes | Bangkok Post: opinion


I accidentally discovered a hidden problem of the Thai economy when I was doing a quarterly economic assessment for a research firm. The Bank of Thailand's (BoT) export growth figures, which show sharp drops in the first half of 2018 and in the first quarter of this year, bother me greatly. To hope that the Thai economy will rebound in the second half of this year is simply pointless. There are three markets in an economy -- the financial market, the product market, and the labour market. Lower demand results in lower production.


Source: Bangkok Post May 22, 2019 23:16 UTC



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