TDRI Press Conference on

“Does World Economy and Thai Economy Really Recover?:

An Analysis and Economic Forecast for Thailand in 2009-2010

Thailand entered into economic recession since the fourth quarter of 2008.  The economy shrank for two consecutive quarters, and is expected to continue shrinking.  The recession is caused by rapid and substantial decrease in export and tourism receipts. However, in the past few months the world economy has shown some “recovery signals”. Various economic indicators, especially production-related ones, show decelerated declines, and some even show a rising trend.

Recognizing that Thai economy is closely related to global economy, it is important that we understand the timing, the pattern and the sustainability of world economic recovery in order to come up with an accurate forecast, especially for the next two years.  Furthermore, this will help formulation of appropriate policy responses.

In this regard, the Thailand Development Research Institute (TDRI) prepared an analysis of global recovery and 2009-2010 economic forecasts for Thailand and organized a press conference to disseminate this analysis on Sunday, June 7, 2009 at TDRI Executive Conference Room, TDRI Building.

 

Downloadable files of TDRI Press Conference

• Press release (in Thai) (Revised June 11, 2009)
• Conference paper on “Does World Economy and Thai Economy Really Recover? : An Analysis and Economic Forecast for Thailand in 2009-2010 (in Thai) (Revised June 11, 2009)
• Presentation slide (in Thai) (Revised June 11, 2009) and audio file (in Thai)