The Thai economy is the second largest in southeast asia. Being right in the centre of one of the most vibrant economic clusters on the planet. Famous for its sun, sea and sand, Thailand is so much than just a tourist hot spot. Thailand’s Economy went on an incredible growth run during the second half of the 20th century. However, economic growth has slowed since the 2000’s, leading some to suggest Thailand’s economy is stuck in a middle income trap. What are the factors behind this in Thailand’s case? How did rice pledging impact the economy? And why Thailand pinning its’ economic hopes on the Eastern Economic Corridor?