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Thailand - Investment climate, firm competitiveness and growth


Details

Document Date: 2006/06/14
Document Type: Investment Climate Assessment (ICA)
Report Number: 36267
Volume No: 1 of 1
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Abstract

To sustain strong economic growth and competitiveness in the medium-to-long-run, Thailand should continue on the path of increasing private investment, and at the same time make greater efforts to strengthen the contribution of total factor productivity growth to output growth by emphasizing innovation, and developing skills and technological capabilities. This report addresses the following questions: (1) What can be done to bolster private investment? (2) What should be done to ensure a more efficient geographic distribution that respects agglomeration effects and economies of scale but which is not biased by public sector distortions? (3) How to improve firms' technological and innovation capabilities? Together these three issues constitute the core of Thailand's competitiveness agenda, a center piece of the country's development strategy. The report contains chapters discussing growth performance and the business climate, regional investment and firm performance, supplying skills for competitiveness, strengthening technological capabilities, and information and communication technologies and firm performance.
 
 

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