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Figure 1.
The Thai economy has been driven by sectors linked to external demand,
both in the short term… | Figure 2.
…and the long-term. A pick-up in sectors linked to domestic demand is needed to change this trend, but that is unlikely in the near term. | Figure 3.
Import demand, especially
from China, has rebounded
and is expected to remain on firm footing in the medium term, providing a basis for continued growth in the Thai economy.
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Figure 4.Â
Although GDP contracts
sharply in Q2 due to the political turmoil, the strong performance in Q1, a modest recovery in the second half of 2010 and the low base in 2009 lead to a 6.1 percent yearly growth rate.
 | Figure 5.
Sectors resilient to the political crisis account for 49 percent of GDP, but only 17 percent of the labor force, suggesting a higher
social than economic impact of the crisis. | Figure 6.
Thai labor markets are very flexible and workers respond
to shocks to one sector by
moving to a different sector. |
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Figure 13.
Tourist receipts in both Indonesia and Thailand fell in late 2008 because of the
global financial crisis, but
the decline in Thailand was larger. | Figure 90.
Thailand's average growth has
been higher, but in Brazil incomes of the poor have
grown faster relative to
incomes of the rich… | Figure 91.
…as a result inequality
declined more in Brazil during the period.
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