Exports – the single engine driving Thailand’s economy in recent years – are likely to help the country sustain its recovery throughout 2010. Over the long run, however, it is important that Thailand develop an additional engine of growth to reduce its vulnerability to external economic shocks in the future. To achieve that, the World Bank recommends that Thailand create more higher value added jobs in services and manufacturing. It also suggests that Thailand maintain the prudent fiscal policies, which have helped cushion some of the impact of the global recession during 2008-2009.
