ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Thai economy resilient, but growth outlook uninspiring

Race to join "industrialized" ranks is hampered by a dearth of technologists

To regain its former growth momentum, Thailand needs its consumers to spend more.

BANGKOK -- At a time when the currencies of emerging economies are being squeezed hard, the Thai economy, Southeast Asia's second largest, is showing encouraging resilience. But being able to absorb shocks is not the same as achieving the growth the government so desperately wants. The hurdles littering the path to expansion are numerous -- from an aging society to a lack of engineers -- making for a decidedly downbeat outlook.

The Fed effect

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more