Publication:
Thailand Economic Monitor 2016: Services as a New Driver of Growth

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2019-02-08T16:32:54Z
dc.date.available2019-02-08T16:32:54Z
dc.date.issued2016-12-31
dc.description.abstractEconomic growth is expected to attain 3.1 percent in both 2016 and 3.2 percent in 2017 accelerating from 2.8 percent last year with private consumption and public investment as key drivers as consumer sentiment recovers, households deleverage and large public infrastructure projects are implemented. The Thai economy decelerated to 3.2 percent in 2016Q3 compared to 3.5 percent in Q2 as public spending, private investment and private consumption slowed. A frm recovery has yet to take hold amid a slowdown in domestic demand in 2016Q3. Major drivers of growth associated with economic recovery such as private consumption and private investment have yet to show a broad-based and sustained expansion. Public spending and private consumption are projected to underpin growth in 2017 with headwinds from more uncertain global economic prospects. Continued commitment to implementing structural reforms is critical to raising the long-term growth path.en
dc.identifierhttp://documents.worldbank.org/curated/en/560621548324489441/Thailand-Economic-Monitor-2016-Services-as-a-New-Driver-of-Growth
dc.identifier.doi10.1596/31239
dc.identifier.urihttps://hdl.handle.net/10986/31239
dc.languageEnglish
dc.publisherWorld Bank, Bangkok
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectSERVICES SECTOR
dc.subjectBUSINESS ENVIRONMENT
dc.titleThailand Economic Monitor 2016en
dc.title.subtitleServices as a New Driver of Growthen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleThailand Economic Monitor 2016
okr.date.disclosure2019-01-23
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/560621548324489441/Thailand-Economic-Monitor-2016-Services-as-a-New-Driver-of-Growth
okr.guid560621548324489441
okr.identifier.doi10.1596/31239
okr.identifier.externaldocumentum090224b0868c0189_1_0
okr.identifier.internaldocumentum30782225
okr.identifier.report133986
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/560621548324489441/pdf/133986-WP-23-1-2019-17-16-28-TEMServicesasaNewDriverofGrowth.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.themeEconomic management :: Analysis of economic growth
okr.topicIndustry::Industrial and Consumer Services and Products
okr.topicInternational Economics and Trade::Trade and Services
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicInternational Economics and Trade::Export Competitiveness
okr.unitEast Asia and Pacific 1 (GMTP1)
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