Post by account_disabled on Dec 26, 2023 7:17:59 GMT
The COVID-19 crisis is affecting the world. Many parties expect that in addition to affecting the economy in the short term, It will also be a variable that causes changes in the economic structure. If any country can adjust its economic structure quickly There is a chance to recover quickly. This article wants to invite readers to look back at Thai investments in the past. Including analyzing opportunities and challenges in the future. We should use this moment to turn the crisis into an opportunity to invest in important fields of the future.
Help accelerate the recovery C Level Executive List and restructuring of the Thai economy after COVID-19. 20 years of Thai investment traps Back before 1997, private investment used to be an important driving force that allowed the Thai economy to expand as high as 6%. Unfortunately, most of it was investment in real estate that exceeded the needs of the economy. and eventually led to the Tom Yum Kung crisis. The announcement of floating the value of the baht resulted in the Thai economy becoming more reliant on foreign countries. However, good growth in exports and tourism did not cause entrepreneurs to invest in the country as much as they should have. There is an investment gap (S-I Gap) problem.
A BoT study found that investment over the past 20 years has recovered in an L-Shape manner and Thailand has had lower investment than countries with similar economic structures. is 5% of GDP, which will reduce Thailand's competitiveness in the long run. The main reason why Thailand is still stuck in The “Investment Trap” is (1) Domestic purchasing power is weak due to high household debt. Reduce investment incentives for entrepreneurs (2) shortage of quality labor Especially highly skilled workers in science, technology and medicine.
Help accelerate the recovery C Level Executive List and restructuring of the Thai economy after COVID-19. 20 years of Thai investment traps Back before 1997, private investment used to be an important driving force that allowed the Thai economy to expand as high as 6%. Unfortunately, most of it was investment in real estate that exceeded the needs of the economy. and eventually led to the Tom Yum Kung crisis. The announcement of floating the value of the baht resulted in the Thai economy becoming more reliant on foreign countries. However, good growth in exports and tourism did not cause entrepreneurs to invest in the country as much as they should have. There is an investment gap (S-I Gap) problem.
A BoT study found that investment over the past 20 years has recovered in an L-Shape manner and Thailand has had lower investment than countries with similar economic structures. is 5% of GDP, which will reduce Thailand's competitiveness in the long run. The main reason why Thailand is still stuck in The “Investment Trap” is (1) Domestic purchasing power is weak due to high household debt. Reduce investment incentives for entrepreneurs (2) shortage of quality labor Especially highly skilled workers in science, technology and medicine.