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Thailand by mishu_pandey1985 is a document available to read on EtoBox.

What is Thailand about?

Thailand experienced a severe financial crisis in 1997-1998 that spread to other East Asian economies. Prior to the crisis, Thailand had strong economic growth of over 9% annually from 1985-1996 due to large capital inflows. However, much of the capital was invested in non-productive real estate sectors. By the mid-1990s, Thailand faced challenges of a large current account deficit and an overheated real estate market. The crisis devastated Thailand

Author

mishu_pandey1985

Language

EN