Carnegie Endowment Events

Can Thailand Escape the Middle Income Trap? (full audio)

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Synopsis

Thailand’s military-led government faces several challenges in its struggle to reinstate a democratic process while maintaining political stability and supporting the economy. The country finds itself struggling to escape the middle income trap and adjust to changing trade structures in a dynamic region. Amid a combination of both tough scrutiny and encouragement from Washington and Tokyo, can Thailand overcome these challenges successfully? Akira Suehiro from the University of Tokyo assesses the economic situation in Thailand and explores its prospects for addressing looming economic and social problems. John Brandon of the Asia Foundation and Luis Breuer of International Monetary Fund offer comments. Carnegie’s James L. Schoff moderates.