The Global Competitiveness of Thailand: An Empirical Analysis of the ASEAN Community [Full Text] ( John, Varughese Kizhakkacharuvil Duangta Duangekanog Asawin Wichayachakorn Nithiphong Vikitset 2017-09-12T05:57:11Z 2017-09-12T05:57:11Z 2017
dc.description.abstract The 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.format.extent 10 en_US
dc.format.mimetype application/pdf en_US
dc.identifier.citation John,Varughese K. (2017), 'The Global Competitiveness of Thailand: An Empirical Analysis of the ASEAN Community', AU-eJIR, Assumption University of Thailand, pp. 41-50 en_US
dc.language.iso eng en_US
dc.publisher AU-eJIR en_US
dc.rights This 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.rights.holder AU-eJIR en_US
dc.subject ASEAN en_US
dc.subject Competitiveness
dc.subject GDP
dc.subject GCI
dc.subject Thailand
dc.subject.other AU-eJournal of Interdisciplinary Research (AU-eJIR)
dc.subject.other AU-eJournal of Interdisciplinary Research (AU-eJIR) -- 2017
dc.title The Global Competitiveness of Thailand: An Empirical Analysis of the ASEAN Community en_US
dc.type Text en_US
mods.genre Journal Article en_US
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