A stable economy. According to the Thailand Board of Investment (2005), the Thai economy has experienced steady growth. From 1981 to 2003, Thailand’s average GDP grew by 6%. In 2003, the Thai economy reached an impressive GDP of 6.6%, second only to China. The country’s form of government, a constitutional monarchy, allows steady change to take place. The country’s economic stability has made the country free of those conflicts that have negatively affected other parts of Asia. This stable economy provides Thailand with a favorable competitive position in attracting international tourists.