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

Thitinan Pongsudhirak: Thailand wastes 30 years standing up and falling down

With the military calling the shots, the country risks yet another lost decade

 (placeholder image)
Thai Prime Minister Prayuth Chan-ocha arrives for a weekly cabinet meeting at Government House in Bangkok on May 23.   © Reuters

As Thailand marks the 20th anniversary of being the epicenter of the Asian financial crisis, the country and its squabbling elites have plenty to ponder. Thailand has had many chances to become a vibrant democracy and a developed economy, but it has deteriorated into a military dictatorship while growth slumps.

Sponsored Content

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

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