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Thailand: Taking A Stake In A Changing Economy – Seeking Alpha

Thailand: Taking A Stake In A Changing Economy
Seeking Alpha
More dramatically, the 2011 floods, which impacted vast areas of Thailand, cost the Thai economy an estimated $ 45 bn. This reduced GDP by roughly 3%, recording -0.8% growth in 2011, according to the World Bank. 90% of the costs fell to private industry

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