Thailand turns Japanese

With inflation remaining stubbornly low, there is something of Japan a quarter of a century ago about Thailand.

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The country's economy is dozing off

Thailand "was once prized for its economic strength", says Suttinee Yuvejwattana on Bloomberg. But these days investors in Asia often head straight for Vietnam or the Philippines, which are growing by 6%. Thailand's GDP expanded by around 3.8% last year, the fastest pace in five years.

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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.