Embassy Activities (2012)
ROI! GDP! B2B! PPP!
January 19, 2012
Embassy Officer John Gray spoke to a packed auditorium of Kasetsart University International Business students at the Si Racha Campus
Embassy Officer John Gray spoke to a packed auditorium of Kasetsart University International Business students at the Si Racha Campus about the state of the U.S. economy on January 19. Mr. Gray began his presentation by giving an historical overview of the U.S. economy - focusing on its evolution from an agricultural to an industrial based one, and highlighting the forces at play which are now transforming it into a service-based economy mostly concentrated in financial services, health, and education. He also described the many strengths, such as rule of law, innovation, and a skilled workforce, that make the U.S. economy strong and resilient. Mr. Gray also went on to an in-depth analysis of the credit situation the U.S. is currently facing, and the steps that have been taken to resolve it. The presentation was followed by a lively Q&A period where the students asked Mr. Gray details about intellectual property rights, and the trade relationship between the U.S., Thailand, and the ASEAN community.