The year 1997 marked the Asian financial crisis, the focal point of which was the 1997 Thailand crisis. The context of Thailand and Vietnam now has many similarities. Tipeas will present the Thai crisis so that we can have a broader perspective and draw lessons for ourselves. Origin of Thailand's economic development. Before floating about the crisis, let's take a look at Thailand's economy before the crisis. The pre-crisis period from 1960 to 1990 was Thailand's golden growth period. Thai economy at that time was hailed by the media as Asia's new tiger. Before the crisis, no one doubted the growth rate of the Thai economy. This is true before any crisis. Thailand's economic boom is mainly due to the war of the US and its allies in Vietnam. Indeed, the capital that the US has invested in facilities, military systems and bases serving the Vietnam war, has become a direct impetus for Thailand to develop industrial production and tourism. (including legal prost...