Fast growth may be elusive, say economists | Bangkok Post: business

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Fast growth may be elusive, say economists

Household debt, slow exports pose threats

  • Published: | Viewed: 1,491 | Comments: 1
  • Newspaper section: Business
  • Writer: Somruedi Banchongduang & Phusadee Arunmas
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Despite the quick recovery expected by many forecasters, some economists remain doubtful if Thailand's growth will be as fast as people hope, as internal and external problems remain unsolved. 

A shopper chooses organic produce yesterday from a booth at the Organic and Natural Expo 2014. Despite the slow economy, consumers are more selective in choosing produce of good quality. The fair, organised by the Commerce Ministry, will run until Sunday at the Queen Sirikit National Convention Center in Bangkok. PAWAT LAOPAISARNTAKSIN

After the political turning point of the May 22 coup, many forecasters revised up growth projections on expectations the military junta would quickly impose short-term remedies to improve domestic consumption and regain foreign investors' confidence.

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