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008 240826t20222022si fo d z eng d
020 _a9789815011791
_qPDF
024 7 _a10.1355/9789815011791
_2doi
035 _a(DE-B1597)9789815011791
035 _a(DE-B1597)652370
035 _a(OCoLC)1350423875
040 _aDE-B1597
_beng
_cDE-B1597
_erda
072 7 _aBUS022000
_2bisacsh
082 0 4 _a330.9593
_223
084 _aonline - DeGruyter
100 1 _aYarrow, Richard
_eautore
245 1 0 _aThailand’s Economic Dilemmas in Post-Pandemic Asia /
_cRichard Yarrow.
264 1 _aSingapore :
_bISEAS Publishing,
_c[2022]
264 4 _c2022
300 _a1 online resource (60 p.)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tFOREWORD --
_tEXECUTIVE SUMMARY --
_tINTRODUCTION --
_tECONOMIC PERILS OF THE PANDEMIC --
_tIS THAILAND’S ECONOMY IMPROVING? --
_tLONG-TERM CHALLENGES REMAIN --
_tCONDITIONS IN AGRICULTURE: STILL A LARGE SOCIOECONOMIC FOUNDATION --
_tIMPLICATIONS FOR POLICY AND FUTURE DEVELOPMENT: WHAT PATHS CAN THAILAND’S ECONOMY FOLLOW? --
_tCONCLUSION
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aWhile Thailand’s health system has fared relatively well through the COVID-19 pandemic, the country’s economy faced significant strains and likely a harsher downturn than other economies in Southeast Asia. In particular, the services sector—heavily reliant on international tourism—suffered, and debt levels worsened substantially during the pandemic. Thailand’s economy has steadily recovered following the peak of the pandemic in 2020, with greater optimism coming from the growing trade in goods and growing investments from China and Japan. The tourism sector has also steadily regained strength since the worst points of the pandemic. Despite these recent positive turns, Thailand still faces daunting long-term economic and societal challenges, many of which were exacerbated by the COVID-19 pandemic. Household finances appear increasingly stressed and debt levels have risen sharply across the economy. It is unlikely that Thailand will be able to return its tourism industry to 2019 conditions for the next several years. Meanwhile, deteriorating demographics and education enrolments pose serious threats to long-term macroeconomic prospects. Thailand’s population of young people is falling, but the country appears to lack momentum in elevating enrolment rates and improving the quality in secondary and tertiary education. The agriculture sector remains large, with some crop diversification but with limited gains in productivity, in the face of rising competition—for instance, from India and Vietnam. Policymakers may aim to revitalize Thailand’s economic prospects with policies aimed, for instance, at enhancing agricultural productivity, combining and internationalizing higher education institutions, easing restrictions on foreign investments, and promoting greater competition by smaller enterprises against large conglomerates, in addition to efforts to improve on transparency and stability, and reduce corruption, within Thailand’s political system.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 26. Aug 2024)
650 0 _aCOVID-19 Pandemic, 2020-
_xEconomic aspects
_zThailand.
650 4 _aEconomic Conditions.
650 7 _aBUSINESS & ECONOMICS / Economic Conditions.
_2bisacsh
700 1 _aYarrow, Richard
_eautore
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.1355/9789815011791
856 4 0 _uhttps://www.degruyter.com/isbn/9789815011791
856 4 2 _3Cover
_uhttps://www.degruyter.com/document/cover/isbn/9789815011791/original
942 _cEB
999 _c302707
_d302707