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TDRI: Thailand Development Research Institute

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Tag: counter-cyclicality

Tag: counter-cyclicality

Changes in world trade sap role of Thai exports

Changes in world trade sap role of Thai exports

4 February 20154 February 2015tdriUncategorizedThai economy, Somchai Jitsuchon @en, world trade, counter-cyclicality, fiscal space @en

A slowdown in the value of global trade, relative to the expansion of the world’s gross domestic product as a result of structural changes in global trade, means the Thai economy can no longer depend heavily on exports to drive growth in the coming years. That is the opinion of the World Bank Group and […]

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