Abstract
Thailand's current economic crisis resulted from the bursting of the bubble economy that developed from a combination of excessive speculation and liberalization of the finance system. Not only is Thailand expected to post a negative 5.5 percent economic growth and 9.4 percent inflation by the end of 1998, but it will also experience a reversal of rural-urban migration trends. The Thai government is stepping up enforcement against illegal foreign workers and is seeking help from neighboring states in facilitating the reintegration of their workers. At the same time the government targets to send at least 215,000 Thai workers to other countries.
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