THAILAND AT THE CROSSROADS.(Brief Article)(Statistical Data Included)

Business Asia | July 1, 2000 | Copyright

THAILAND MUST shift from crisis management of its economy to fundamental reforms if it is to fulfil its growth potential in the years ahead, according to a new report by a respected Australian government think-tank.

The East Asia Analytical Unit (EAAU) of the Department of Foreign Affairs and Trade says that, without continued structural reform, growth could fall as much as two percentage points short of its long-term potential of 7 to 8 per cent a year.

"Thailand's economic policy-making is at the crossroads in 2000; choices made now will determine the ...

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