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
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Citable URI
http://hdl.handle.net/11540/7369Metadata
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