From Bloomberg.
Thailand is one of the world’s most popular travel destinations—a place where modernity coexists with deep tradition; where beaches, skyscrapers and global cuisine define a postcard image. But beneath the surface, Thailand is confronting a long‑brewing economic crisis marked by slow growth, political instability, soaring inequality, demographic decline and a shrinking workforce.
Over the past decade, Thailand’s economy has slipped behind its Southeast Asian peers, struggling with weak GDP growth, declining foreign investment and an overreliance on tourism and low‑value manufacturing. While neighbors like Vietnam, Malaysia and Indonesia power ahead with new industries and rising exports, Thailand is battling what many economists see as a perfect storm of structural challenges. In this Bloomberg Originals Weekly Documentary, we break down what went wrong—and what it will take to fix it.
0:00 Thailand’s Two Realities
1:20 Thailand’s Growth Engines Under Pressure
3:10 The 1997 Asia Crisis
4:30 Political Power Struggle
6:50 Inequality, Monopolies & Household Debt
8:50 Talent Gap & Aging Workforce
10:09 Thailand’s Path Forward
#Thailand #ASEAN
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