Why Thailand’s Economy Went From Boom to Breakdown

When I think of Thailand, I think of a place where modernity exists alongside tradition. But behind that postcard image of a paradise is another reality. Instability, volatility, uncertainty.And in recent years, economic lethargy. There’s not a lot of innovation in the economy. Thailand’s GDP growth has been about 2% for a while now, while neighbouring countries or peer economies are growing rapidly.Foreign investors have taken note. Or, more specifically, they’ve taken their money. Thailand looking to cut ...