
Thailand Page 2
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Essay Examples
Thai Economy and Thailand Crisis
Crisis
Thailand
Words: 527 (3 pages)
Until its crash in 1997, the Thai economy had performed exceptionally well. Economic growth had averaged 7.6 percent from 1977 to 1996. The basis of the boom until about 1993 was sound, with rapid investments in manufacturing capacity brought about by the relocation of industry from East Asia following the appreciation of the yen. On…