Can I read Thailand’s Economic Dilemmas in Post-Pandemic Asia on EtoBox?

Thailand’s Economic Dilemmas in Post-Pandemic Asia by Richard Yarrow is a nonfiction available to read on EtoBox.

What is Thailand’s Economic Dilemmas in Post-Pandemic Asia about?

While 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 fallin

Who reads Thailand’s Economic Dilemmas in Post-Pandemic Asia?

Author

Richard Yarrow

Publisher

ISEAS–Yusof Ishak Institute Singapore

Published

2022

Language

EN

ISBN

9789815011784

Category

nonfiction

Subjects

Business