Thailand has followed prudent policies, but high levels of corruption derail developmental initiatives
Over the years, the Thai government has encouraged higher levels of public investment in order to foster rapid economicgrowth. In June 2010, former Prime Minister Abhisit Vejjajiva planned to launch the Reconciliation Plan to protect thenation's main institutions, redress inequalities and injustice, enable constructive communications between the politicalparties, and put into motion a political process that is democratic, efficient, and transparent. The current coalitiongovernment headed by Prime Minister Yingluck Shinawatra aims to enhance the competitiveness of Thailand bybroadening market access for businesses as part of its economic policy, promoting trade and investment, engaging in freetrade agreements and co-operation frameworks to expand international economic linkages, providing solutions to themenace of drugs, preventing and fighting corruption, raising the standard of living of the Thai people through wageincreases and tax relief, and developing the health insurance system. These prudent policies are expected to help the
country’s development