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

Economic 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....

Full description

Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Bangkok 2019
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK SERVICES SECTOR BUSINESS ENVIRONMENT
Online Access:	http://documents.worldbank.org/curated/en/560621548324489441/Thailand-Economic-Monitor-2016-Services-as-a-New-Driver-of-Growth http://hdl.handle.net/10986/31239

id	okr-10986-31239
recordtype	oai_dc
spelling	okr-10986-312392021-05-25T09:21:29Z Thailand Economic Monitor 2016 : Services as a New Driver of Growth World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK SERVICES SECTOR BUSINESS ENVIRONMENT Economic 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. 2019-02-08T16:32:54Z 2019-02-08T16:32:54Z 2016-12-31 Report http://documents.worldbank.org/curated/en/560621548324489441/Thailand-Economic-Monitor-2016-Services-as-a-New-Driver-of-Growth http://hdl.handle.net/10986/31239 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Bangkok Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Thailand
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK SERVICES SECTOR BUSINESS ENVIRONMENT
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK SERVICES SECTOR BUSINESS ENVIRONMENT World Bank Group Thailand Economic Monitor 2016 : Services as a New Driver of Growth
geographic_facet	East Asia and Pacific Thailand
description	Economic 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.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Thailand Economic Monitor 2016 : Services as a New Driver of Growth
title_short	Thailand Economic Monitor 2016 : Services as a New Driver of Growth
title_full	Thailand Economic Monitor 2016 : Services as a New Driver of Growth
title_fullStr	Thailand Economic Monitor 2016 : Services as a New Driver of Growth
title_full_unstemmed	Thailand Economic Monitor 2016 : Services as a New Driver of Growth
title_sort	thailand economic monitor 2016 : services as a new driver of growth
publisher	World Bank, Bangkok
publishDate	2019
url	http://documents.worldbank.org/curated/en/560621548324489441/Thailand-Economic-Monitor-2016-Services-as-a-New-Driver-of-Growth http://hdl.handle.net/10986/31239
_version_	1764473865936830464

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

Similar Items