Thailand
Thailand is a developing country and is struggling in order to achieve a remarkable growth. The recent growth experience of Thailand can be analyzed from the standpoints of the growth models such as Lucas Growth Model and Solow growth Model. The economic growth of the country can be considered from various microeconomic variables such as GDP, GNP, and GNI, ect. If we analyze the data of the country from the year 2007-2009 then it can be seen from the indicators that the country is not making significant progress. The indicators such as gross capital formation, GDP Per capita growth Continue reading...