At the workshop, we invited Dr. Piti Disyatat1 from the Bank of Thailand to present a paper, which attempts to rationalize from a financial sector perspective Thailand’s economic recovery and shows how its changing economic landscape can be traced back to developments in the banking system. Dr. Veerathai Santiprabhob2 from Siam Commercial Bank, together with a number of Japanese experts, joined the discussions at the workshop by providing comments on the paper3.