Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic … triggered by the sub-prime loans debacle in the United States has prompted Thailand to rethink her export-led growth strategy …. This paper examines the options for external and internal economic rebalancing strategies for Thailand. External …

imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for …