ASSESSMENT OF ECONOMIC PROGRESS IN THAILAND, 1985-95

ASSESSMENT OF ECONOMIC PROGRESS IN THAILAND, 1985-95 Here is a list of the main measurable indicators of economic growth and structural change for Thailand to be observed by World Bank staff members who are visiting there. To ensure a successful tour of business meeting between the World Bank representatives and the Thai government and their business executives, I feel that a thorough understanding of the Southeast Asia's (although the main focus will be Thailand's) economic …

…too much in economic growth. For one thing, these countries are very vulnerable to world price fluctuations and their economy (since most are only a tiny fraction of the world's economy) heavily depended upon foreign speculators. Therefore, the fragile economy of the developing countries can collapse easily under the slightest of economic slow-down. Unfortunately, if an economic crisis took place in these countries, the cost of fixing the crisis would be too high to imagine.