August 23, 2017
In 2011, Thailand became an upper-middle-income economy. With average income now at $5,640, Thailand is facing slow economic growth, a loss of competitive edge, and high levels of economic inequality. Addressing these issues sits at the heart of the present government’s social and economic development plan and the Thailand 4.0 goal announced last y… Read more
March 30, 2016
Thailand has a long tradition of balancing its relations with major powers and, since the 2014 coup, it has been shifting toward China. However, with the two countries now involved in a complicated collaboration on high speed rail, the Thai public has started to question…
July 29, 2015
Where governments do not function well, growth and sustainable development are rare, and destructive, violent conflicts are more likely. Working in such fragile and conflict-affected situations (FCASs) – common across Asia and the Pacific – requires development agencies, including ADB, to do business differently.