TITLE

Recession Increasingly Probable

PUB. DATE
March 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Mar2009, Vol. 20 Issue 3, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an overview of the economy of Thailand as of 2009. It states that 2009 will be a very tough year for the Thai economy, with the important export sector with a struggle on the weakening global demand. It is expected that growth forecast for the economy of the country for 2009 is a positive 1.0% to a 2.5% contraction.
ACCESSION #
36556787

 

Related Articles

  • Uncertainty And Optimism.  // Asia Monitor: South East Asia Monitor Volume 1;Feb2006, Vol. 17 Issue 2, p3 

    The article focuses on the economic conditions that are likely to prevail in Thailand in 2006. The profits fetched by the manufacturing sector have accelerated the Gross Domestic Product growth to 5.6% year-on-year (y-o-y), as compared to 3.3% y-o-y in Q105. Seeing the continued robust...

  • Thailand: Domestic Demand Supported Despite External Weakness.  // Emerging Markets Monitor;8/29/2011, Vol. 17 Issue 21, p6 

    The article presents a forecast on the economy of Thailand. The decline in external demand affected the real gross domestic product (GDP) growth of Thailand in the second quarter of 2011, coming in at 2.6 percent year-on-year (y-o-y), while a 4.1 percent y-o-y growth over the same period was...

  • Exports To Drag On Growth.  // Asia Monitor: South East Asia Monitor Volume 1;Jan2011, Vol. 22 Issue 1, p1 

    The article offers forecasts of Thailand's net exports which were considered significant drag on the country's real gross domestic product (GDP) growth of 6.7 percent year-on-year in the third quarter of 2010. It states that the 6.7 percent GDP growth is below the trade figures released for...

  • Exports To Experience Sharp Decline.  // Asia Monitor: South East Asia Monitor Volume 1;Mar2007, Vol. 18 Issue 3, p3 

    The article forecasts an export decline for Thailand by 2007 because of slow global growth and the lagged effects of sharp baht appreciation. Merchandise export growth is expected to slowdown to 7.3 percent in 2007 from an estimated 16.9 percent in 2006. The prospects for growth will slightly...

  • DATA & FORECASTS.  // Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p3 

    The article reports on the economic condition of Thailand as of 2007-2008. The country's economy expanded by a faster-than-expected 4.8% in 2007, due to the country's resilient export sector. However, with the ongoing downturn in the US economy, combined with a strong baht, exports will not be...

  • Thailand: Exports Boosting Confidence.  // Emerging Markets Monitor;11/6/2006, Vol. 12 Issue 29, p11 

    The article presents an outlook for the economy of Thailand for 2006 and 2007. The Bank of Thailand has increased its growth forecast from 4.0-5.0% to 4.5-5.0% in 2006 and 4.5% to 5.5% in 2007. Third quarter gross domestic products figures showed that the U.S. economy is in a disadvantaged...

  • Regional Rebalancing: A Labour Market Perspective.  // Asia Monitor: China & North East Asia Monitor;Aug2012, Vol. 19 Issue 8, p2 

    The article discusses forecasts for the labour market in Asia as of 2012. It states that among countries in Asian region, Thailand is expected to have the most significant challenges in labour markets. It mentions that the region will be facing long term economic rebalancing from exports and...

  • Cautious Optimism, But External Uncertainty.  // Asia Monitor: South East Asia Monitor Volume 1;Dec2006, Vol. 17 Issue 12, p1 

    The article presents information related to the economy of Thailand. The Bank of Thailand (BoT) increased its 2007 outlook to 4.5-5.5% and also expects domestic consumption to rise to 4.0- 5.0% in 2007, from a projected 3.3-4.3% in 2006. Exports surged by 14.5% year-on-year in September 2006,...

  • THAILAND: RISK SUMMARY.  // Asia Monitor: South East Asia Monitor Volume 1;Aug2011, Vol. 22 Issue 8, p2 

    The article offers information on the forecast of the political and economic risks of Thailand for 2011, as well as the condition of the country's business environment.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics