OPINION

Thailand must 'break out' and become a trading nation

News, Boonwara Sumano, Published on 19/01/2016

» In 2012, Ruchir Sharma wrote in his famous book called Breakout Nations: In Pursuit of the Next Economic Miracles about the aftermath of the 2008 financial crisis, which had affected economies worldwide. In this book, he predicted that not many countries would be able to maintain economic growth at the desirable rate throughout this decade. He called these fortunate few countries, including Thailand, "breakout nations". These nations, he argued, were likely to continue growing and becoming the next economic miracles.