previous year continued to cast negative impacts onto the early part of 2009 as SET Index hit the year’s record low of 411.27 points on March 9, but regained an upward trend later on after the measures by

these key economies cast negative outlook on world trade and affected export-reliant countries materially. However, despite the global chain reaction and the downsized export sector, the Thai economy grew

established that votes have been cast in the manner requested. REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL © OECD 2011 21 IV. RECOMMENDATIONS Priority 1: Public- and private-sector