Thais Learn Not to Keep Business All in the Family
Yvan Cohen,, The Christian Science Monitor
Thailand is the "good child" of the Asian crisis.
As thousands of angry South Koreans protest rising unemployment and Indonesia's shattered economy slides into oblivion, this easygoing nation of 60 million is setting quietly about reform.
Led by Prime Minister Chuan Leekpai, a soft-spoken lawyer with a reputation for honesty, the Thai government has begun to remodel a political and economic system that, though broadly democratic, had become riddled with corruption. Thailand on May 26 asked the International Monetary Fund to relax the terms for its $17.2 billion rescue package, warning of a more severe recession than expected. But overall progress has …
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Publication information: Article title: Thais Learn Not to Keep Business All in the Family. Contributors: Yvan Cohen, - Author. Newspaper title: The Christian Science Monitor. Publication date: May 27, 1998. Page number: 9. © 2009 The Christian Science Publishing Society. Provided by ProQuest LLC. All Rights Reserved.
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