Advertisement
Richard Yarrow
Richard Yarrow
SCMP Contributor
Richard is a Fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School, and a Visiting Fellow at the East Asian Bureau of Economic Research at the Australian National University. He is the author of 'Thailand’s Economic Dilemmas in Post-Pandemic Asia' (ISEAS, 2022).

Thailand must not only overcome stagnation but withstand the problems its economic partners are having. A pivot to new markets in South and Southeast Asia, as well as the West, could help.

While infrastructure investments once centred around the export economy, a shift to improving quality of life can boost consumption and push China towards its dual circulation goal. There is still a huge need for less-crowded housing and classrooms, new water supply systems and decarbonisation technology.

videocam
Related Topics
China economyThailand