It has certainly been an annus horribilis or a year of great misfortune for the battered Thai economy. If there is a significant risk to the upbeat view on Thailand in 2022, it is that political turbulence could resurface. But as the sources of new growth in global demand shift more to general merchandise and away from IT goods, Thai exports should recover forcefully. Thailand has endured many setbacks in the past 20 years and its economic performance has taken a beating as a result. So long as the political frictions are contained, we could see the Thai economy delivering solid progress for the next few years.

Source: The Edge Markets December 01, 2021 15:31 UTC