Author(s)

Chunyan Du ¹

Affiliation(s)

¹ Financial Planning Department, China West Normal University, Nanchong, Sichuan, China

Corresponding Author

Chunyan Du

ABSTRACT

Based on World Bank data, this study builds a framework for evaluating economic resilience and evaluates Thailand's economic resilience index and coupling coordination from 1996 to 2021. The entropy method yields an average value of 0.4848 for total economic resilience. There is a significant economic resilience gap in each year, with just 11 years falling below the average. The value of a resilient economy is highest in 2018 and lowest in 1999. Scale resilience is the strongest of the four dimensions, whereas open resilience is the weakest. It is in the early stages, as shown by the average coordination value of 0.1642. Thailand of its economic resilience has room for improvement.

KEYWORDS

Thailand, economic resilience, coupling coordination degree

CITE THIS PAPER

Chunyan Du, Research on Evaluation of Thailand's Economic Resilience and Coupling Coordination. Financial Engineering and Risk Management (2023) Vol. 6: 16-21. DOI: http://dx.doi.org/10.23977/ferm.2023.060802.

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