Thailand’s economy stuck in the middle

Date

2022-10-23

Authors

Yarrow, Richard

Journal Title

Journal ISSN

Volume Title

Publisher

East Asia Forum

Abstract

Southeast Asia’s second largest and once one of its most dynamic economies is struggling under the weight of an ageing population, a deteriorating education system and low yield rice farming. Thailand looks trapped as a middle-income country, unable to get rich, and stuck between a younger, dynamic Vietnam and larger Indonesia. Getting out of its economic rut won’t be easy, but investment in education and higher quality human capital and agricultural and governance reform should be priorities.

Description

Keywords

Thailand economy, middle income trap, demography, Thailand political reform

Citation

Source

Type

Newspaper/magazine article

Book Title

Entity type

Access Statement

Open Access

License Rights

Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported Licence

DOI

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