Outlook for the Thai economy is bleak and will get bleaker due to its rapidly ageing population
Thailand is facing an array of economic challenges that will take radical and strong leadership to even keep at bay in the next twenty years as the number of Thai people over 65 years of age expands to record levels with a diminishing workforce. On top of this, even as the vast majority of the hard-working Thai population adjusts to their lots, there is an emerging generation on track to aggravate the problem by borrowing without restraint while turning its back on traditional family life.
Joseph O' Connor
