Research and Markets: Thailand Country Analysis: 2012-2017 An Evaluation of Political, Social, Economic, and Business Risk
Research and Markets (http://www.researchandmarkets.com/research/xmn7j6/thailand_country) has announced the addition of the "Thailand Country Analysis: 2012-2017 An Evaluation of Political, Social, Economic, and Business Risk" country profile to their offering.
Thailand experienced considerable growth in GDP during 2007-2011. The country is expected to continue its growth momentum and grow with a CAGR of 7.5% over the next five years. The opportunities for doing business here are immense with a huge domestic market along with low cost manufacturing process, cheaper work force etc. Industries are having immeasurable opportunities in organized retail sector, healthcare sector, education, residential housing, banking and financial sector in Thailand.
Thailand registered a remarkable economic performance during past 30 years. Thailand's moves towards economic development includes Adapting local initiative and interregional competition; integrating with the world; adjusting to new technologies; building world-class infrastructure; and investing heavily in its people.
Lucintel's research indicates that the economic performance of Thailand seems slowing down in 2011 and the slowdown is likely to continue in 2012 as well, however, both government and central bank have already taken steps to increase domestic consumption. International scenario is likely to have negative impact on overall Thailand economic performance in 2012. With government of Thailand stepping up on accelerator of disinvestment, government fiscal deficit is likely to fall down in 2012-13. The year 2014 is expected to be the general election year and new government may continue with reform process.
Research by Lucintel indicates that Thailand has a multi-party political system where government is moderately stable. Risk is political structure of Thailand due to conflicting situation causing delay in decision making process. Apart from that social risk in Thailand includes the youth bulge problems, rising unemployment levels, rising Income inequalities and corruption of high level prevailing in the country.
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