Authors: Chanikarn Tosompark
The general objective of this research is to provide an overview of Thailand’s FDI development from the early liberalization (1950s) to the present with a particular focus on its performances under the different trade regimes. As Thailand’s economic growth has been largely influenced by the global economy, especially through exports and FDI inflow, it is instructive to include the impacts of major crises Thailand has encountered over the years, namely the 1997 Asian Financial Crisis (AFC) and the 2008 Global Financial Crisis (GFC). The aim is to capture what have been the driving forces of FDI inflow into Thailand and determine existing threats and opportunities to enhance its future growth as the country faces intensifying competition from other ASEAN member countries.
Keywords: FDI, Asian Financial crisis, GFC, Thailand, development