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Article: THAILAND'S SITUATION STABLE AFTER CRISIS FORCED NEEDED CHANGES.(Editorial)(Column)
- Article from:
- Seattle Post-Intelligencer
- Article date:
- March 23, 1999
CopyrightCOPYRIGHT 1999 Seattle Post-Intelligencer. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I last visited Thailand 15 months ago as the country's economy was in a tailspin, on its way into the history books as the first domino of the 1997-98 global economic crisis. After revisiting Thailand for a couple of days, all I can say is: What a difference a year makes.
Thailand is still not out of the woods financially, but the situation has stabilized and the country is on a growth path again. What is most striking, though, is the degree to which Thai political reformers, who were hit hard by the economic crisis, now view it as an enormously useful turning point for their country.
There is a notion floating around out there that countries such as ...