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Thai Airways bankruptcy shows urgent need for state-sector reform

Thailand's inefficient state-owned enterprises are dominant but troubled

| Thailand
Thai Airways' bankruptcy has raised questions over the future of other SOEs.   © AP

Panarat Anamwathana is a Ph.D. candidate at the University of Oxford whose research focuses on Thai economic history, economic development and political economy.

Once the pride of Thailand, flying passengers all over the world, now the planes of Thai Airways International are grounded and the company has gone bankrupt as of the end of May.

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