Nations Facing Acute Financial Threats


4. Thailand

Average percentage of businesses struggling for funds: 37

The period, 1985-1996 was extremely good for the economic growth of Thailand; it experienced a fast economic growth within this period of time.

The high export rate of Thailand has increased its economic growth. Its primary export items are Thai rice, textiles, fishery products, rubber, footwear, cars, computer appliances, etc. When it comes to the export of rice, Thailand stands in the first rank. Over the past few years, Thailand has become one of the best attraction places of the outsiders.

3. Turkey

Average percentage of businesses struggling for funds: 35

In terms of GDP, Turkey has the seventeenth largest economy in the world and sixteenth in terms of purchasing power parity (PPP). During the period, 1923-1983, the Turkish government had imposed several limitations on foreign trade, private sectors, FDI and flow of foreign currency. After the formation of the new government in 1983, these limitations were removed.

After the removal of the limitations, Turkey was experiencing a high economic growth, but the recession of 1994 brought down the rate of growth of Turkey’s economic growth.

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