Policy stimulus supported a strong recovery last year after severe flooding devastated the economy in late
2011. While domestic demand rebounded in 2012, exports weakened on soft global demand and flo...
related disruptions to manufacturing. GDP growth is seen moderating toward trend, with inflation forecast
to remain modest. The country faces critical challenges in equity, public investment, and governance. Thailand's economy rebounded strongly from the global financial crisis of 2009 but was badly affected by the floods of 2011. The country needs to maintain growth to build on the progress it has made toward the Millennium Development Goals, while taking urgent steps to enhance resilience to internal and external risks.
Source : Asian Development Outlook Database - http://www.adb.org/
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