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dc.contributor.authorJohn, Varughese Kizhakkacharuvil
dc.contributor.authorDuangta Duangekanog
dc.contributor.authorAsawin Wichayachakorn
dc.contributor.authorNithiphong Vikitset
dc.identifier.citationJohn,Varughese K. (2017), 'The Global Competitiveness of Thailand: An Empirical Analysis of the ASEAN Community', AU-eJIR, Assumption University of Thailand, pp. 41-50en_US
dc.description.abstractThe current rate of technological expansion and the globalization of markets have made countries to be more competitive for their economic growth and prosperity. The Global Competitiveness Index (GCI) is a measure computed by the World Economic Forum every year since 1979 on the basis of 12 pillars of economic and human growth indicators. 138 world countries are included in the GCI 2016-17 and these countries accounts for 98% of the world GDP. Thailand is the third major economy among the ASEAN community and it is classified as ‘Efficiency Driven Economy’ according to its score in GCI 2016-17. This study investigates the factors in which Thailand has greater strength and more weakness when compared with the other ASEAN countries based on the GCI indicators. Accordingly Thailand seems to be comparatively weak in Innovation and Institutional factors but strong in Macroeconomic environment factors, Health and Primary Education measures, and in Market Size. The study concludes that if the economic and human development policies are formulated looking into these strengths and weakness, the country can become an ‘Innovation driven economy’ within a short span of time.en_US
dc.rightsThis work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.en_US
dc.subject.otherAU-eJournal of Interdisciplinary Research (AU-eJIR)
dc.subject.otherAU-eJournal of Interdisciplinary Research (AU-eJIR) -- 2017
dc.titleThe Global Competitiveness of Thailand: An Empirical Analysis of the ASEAN Communityen_US
mods.genreJournal Articleen_US[Full Text] (

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