This paper reviews Thailand's structural changes, the 1997 crisis experience, and recovery and lessons from the crisis … recovery from the 1997 crisis left Thailand more dependent than ever on exports as the main engine of growth, with the ratio of … learned from the 1997 crisis led to a more risk-averse financial system, and this helped Thailand avoid the direct impacts of …

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 …