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    Thailand’s triple threat

    Farrelly, Nicholas | July 2017
    Abstract
    The economic malaise into which Thailand has fallen over the past decade also complicates any long-term security planning. Political instability has discouraged major new foreign investment, while a weak education system has condemned Thailand to being “trapped” as a middle-income economy.20 Over coming decades, Thailand will grapple with the need to manage an increasingly elderly and economically unproductive workforce. Since the 1990s, Thailand’s prosperity has been supported by access to cheap migrant labour from Myanmar, Cambodia, and Laos. If this were to stop, then Thailand could face a serious threat to its economic and social stability, right at a time when neighbouring countries are presenting their own credible claims as attractive destinations for foreign investment.
    Citation
    Farrelly, Nicholas. 2017. Thailand’s triple threat. © Lowy Institute For International Policy. http://hdl.handle.net/11540/7369.
    Keywords
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Trade policy
    Economic development
    Economies in transition
    International economy
    Border integration
    Economic integration
    Gross domestic product
    Trade policy
    Institutional Framework
    Public Administration
    Business Ethics
    Development Economics
    Regional Economic Development
    Economic Impact
    Asian Development Bank
    Development
    Economic Boom
    Regional Economic Integration
    Good Governance
    Governance Approach
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Free trade
    Business
    Economics
    Communication in economic development
    Restraint of trade
    International economic integration
    Trade blocs
    East-West trade
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/7369
    Metadata
    Show full item record
    Thumbnail
    Farrelly_Thailands_triple_threat.pdf (4.712Mb)
    Author
    Farrelly, Nicholas
    Theme
    Economics
    Governance

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise