We promoted some industries which we thought would bring in foreign currency. But sometimes they were not competitive enough because the market was too small, the scale was not large enough to justify the business, and finally we had to make do by buying more imported products. So we have to be careful and look at the added-value for the country, using local raw materials. There are two or three issues that erode confidence. One is that we were too slow to tackle the problems in the first place, especially during the attack on the baht.
Some people think the crisis started just as the prime minister became prime minister.
Actually the alarm clock was ringing so many times before. Or the government was not stable enough to take action. We cannot tackle this overnight. We need everybody to be patient and to try not to listen to the rumors. Normally when the IMF moves in, most crises around the world stabilize.