In the past Thailand is one of the great countries among South-East Asia. Thailand is one of only 3 countries in Asia that never been colonized by European country. If looking back to 30-40 year in the past. Thailand is fast growing country in South-East Asia and could be competitive with Taiwan or Korea. But over past 10 years Thailand is slowly develop and can’t compare to country like Taiwan or Korean anymore. Some said now we compare with Vietnam. There are numerous reasons that cause Thailand experiencing difficulties in pursuit of economic development.