Home >

Europe And The United States Recession Or Affect Thailand Footwear And Other Industries

2011/8/9 11:54:00 54

As the consumption, employment and manufacturing index shows that the US economy is slowing down, the US government must adopt the conditions for reducing the budget expenditure even though the US government has passed the bill to raise the debt limit before the deadline, which will inevitably restrict future US.

Economics

Growth.

At the same time, credit rating agencies continue to pay attention to the financial situation of the United States, and do not deny that the risk of downgrading the US credit rating from the current AAA level is still possible.

For the eurozone,

market

Concerns about the debt problem of PIGS-, Portugal, Ireland, Greece and Spain have not yet been eliminated. At present, the focus has shifted to Italy and Spain, the third and four largest economies in the euro zone. They are concerned about the possibility of debt default in the two countries, resulting in a sharp rise in yields on Italy and Spain.

In the context of global concerns that the US and the euro zone economy may fall into a second recession, the Thai Farmers' Research Center believes that Thailand industries directly affected by the above situation are highly dependent on the US and euro zone market industries.

Among them, the most affected industries (more than 40% of the US and the euro area depended) include textiles, tableware, etc.

shoes

Furniture, fax machine, telephone and parts.

As for canned seafood, shrimp and chicken processed products, canned fruits and fruit processing products, although the dependence on these two markets is quite high, these products are consumer necessities and are less affected.

The industries affected by the following factors include electrical appliances and parts, refrigeration compressors, rubber products, motorcycles and parts, printed circuit boards, computers and their equipment and components, radio receivers and televisions and components, aviation equipment parts, air conditioners and parts, pformers and parts, jewelry and so on.

Industries that are less affected include agricultural products, automobiles and their equipment and parts, chemical and plastic pellets, etc.

If the United States and the eurozone, which account for 40% of the total global economy, fall into second recession, the rest of the world will inevitably be affected and the world economy will fall significantly down, including a significant slowdown in the growth rate of Thailand's export in 2012 to lower than the expected growth of 12.0-17.0% from the Taihua farmer research center.

In bad circumstances, export growth may occur, such as the fall during the last economic crisis in the United States and negative.

Overall, however, it still depends on other factors, especially the Asian economic trend and commodity prices.

As for the impact on Thailand's economy, during the economic crisis in the United States, Thailand's economy was often dragged down by its drag.

In the best case, if China and other Asian economies still have considerable growth momentum, and the Thailand government is stepping up measures to stimulate domestic economic growth, Thailand's economy is still expected to achieve positive growth, but the growth rate will not exceed 2%.

With the fluctuation of world economy fluctuating, the fluctuation of exchange rate will prompt operators, especially exporters, to take more prudent management of foreign exchange pactions.