Big risks in big plans

Article Abstract:

The Thailand Prime Minister Thaksin Shinawatra's plans to develop Thailand into an Asian aviation, hi-tech and shipping hub are evaluated. The huge public debt, the electoral motives behind the proposal, the commercial risks, unavailability of tech savvy programmers and engineers are some of the drawbacks facing the implementation of the proposals.

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Investment gap

Article Abstract:

Since investors are not investing in Thailand, the government has earmarked 1.3 trillion baht ($24.1 billion) for public investment. It is not clear how much more the Thai government can safely spend to fill the gap caused by lack of private investment.

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Fiscal prudence

Article Abstract:

Thailand prime minister, Thaksin Shinawatra presented balanced budget for year 2005, in which the promised allocation for infrastructure projects is missing. The sustainability of the current economic growth rate of 6.7% is also assessed.

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