World Bank2013-09-032013-09-032001-06-13https://hdl.handle.net/10986/15528Competitiveness has emerged as a key issue confronting policymakers in Thailand. The Government's reform program will be extended by explicitly incorporating into the competitiveness framework measures that address the remaining constraints on competitiveness. The three critical areas that could constrain Thailand's medium term competitiveness include: 1) The need to strengthen the knowledge base--addressing the skills gap, and improving quality and coverage of education; mainstreaming information technology; and enhancing science and technological capability. 2) The need to modernize the infrastructure regulatory framework to improve the efficiency and delivery of public services. A modern and efficient physical infrastructure will help to reduce the cost associated with infrastructure bottlenecks faced by Thai firms. 3) The need to further improve the business environment and enhance competition--corporate governance, trade and investment regimes, competition policy--so that scarce labor and capital can be utilized in the most productive sectors. In addition, an appropriate macroeconomic environment, by signaling the right relative prices (domestic interest rates and exchange rates), will enable Thai firms to respond to emerging market trends.en-USCC BY 3.0 IGOACCESS TO INFORMATIONACCOUNTABILITYADBAGRICULTUREALLOCATION OF CAPITALASSET MANAGEMENTASSET MANAGEMENT COMPANIESAUDITORSAUTHORITYBAD DEBTSBALANCE SHEETBALANCE SHEETSBANK OF THAILANDBANKING SECTORBANKRUPTCYBENCHMARKSCAPACITY BUILDINGCAPITAL MARKETSCAPITALIZATIONCENTRAL AGENCIESCENTRAL BANKCOLLABORATIONCOMMERCIAL BANKSCOMPETITION POLICYCOMPETITIVENESSCOMPREHENSIVE DEVELOPMENTCOMPREHENSIVE DEVELOPMENT FRAMEWORKCONSENSUSCONSOLIDATIONCONSTITUTIONCORPORATE GOVERNANCECORRUPTIONCOURT PROCESSCOURT RESTRUCTURINGDATA SHARINGDEBTDEBT RESTRUCTURINGDECENTRALIZATIONDECISION-MAKINGDECREEDECREESDEPOSIT INSURANCEDIGITAL DIVIDEDISCLOSUREE- COMMERCEE- GOVERNMENTE-COMMERCEE-GOVERNMENTECONOMIC LAWECONOMIC LAW REFORMEMPLOYMENTENACTMENTENFORCEMENT MECHANISMENTERPRISE REFORMENVIRONMENTAL MANAGEMENTEXCHANGE RATEEXCHANGE RATESEXECUTIONEXPORTSFINANCIAL ACCOUNTINGFINANCIAL ASSISTANCEFINANCIAL COLLAPSEFINANCIAL CRISISFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL PERFORMANCEFINANCIAL REFORMFINANCIAL RESOURCESFINANCIAL RESTRUCTURINGFINANCIAL SECTORFINANCIAL SYSTEMFISCALFISCAL YEARFORECASTING MODELSFOREIGN EXCHANGEFOREIGN OWNERSHIPFORMAL EDUCATIONGOOD GOVERNANCEGOVERNMENT AGENCIESGOVERNMENT AGENCYGOVERNMENT STRATEGYHUMAN RESOURCESINDUSTRIAL DEVELOPMENTINFLATIONINFORMAL SECTORINFORMATION SYSTEMSINSOLVENCYINSTITUTIONAL ARRANGEMENTSINSTITUTIONAL CAPACITYINSTITUTIONAL FRAMEWORKINTEREST RATESINTERNATIONAL ENVIRONMENTKNOWLEDGE ECONOMYLABOR FORCELABOR MARKETLABOR MOBILITYLAWSLEGAL FRAMEWORKLEGAL REFORMLEGISLATIONLOCAL ADMINISTRATIONMACROECONOMIC MANAGEMENTMACROECONOMIC POLICIESMARKET DISCIPLINEMERGERSMETROPOLITAN AREASMINISTRY OF FINANCEMONETARY POLICYNATIONAL COMMUNICATIONSNATIONSNET LOSSESORGANIZATIONAL STRUCTUREPAYMENT SYSTEMSPOLICY MAKERSPRIVATE BANKSPRODUCTIVITYPRODUCTIVITY GROWTHPROGRAMMINGPROGRAMSPUBLIC DEBTPUBLIC DEBT MANAGEMENTPUBLIC FUNDSPUBLIC PARTICIPATIONPUBLIC SECTORPUBLIC SERVICESPUBLIC SUPPORTRATING AGENCIESRATIONALIZATIONREAL GDPREGULATORY FORBEARANCEREGULATORY FRAMEWORKREGULATORY FRAMEWORKSREORGANIZATIONRESOURCE MOBILIZATIONSCIENTIFIC DISCIPLINESSECURITIESSOCIAL PROTECTIONSTATE BANKSSTATE ENTERPRISESTATE ENTERPRISESTAX COLLECTIONTAX COLLECTIONSTAX EXEMPTIONTAX INCENTIVESTAXATIONTECHNICAL ASSISTANCETELECOMMUNICATIONTELECOMMUNICATION SECTORTELECOMMUNICATION SECTORSTELEDENSITYTIER 1 CAPITALTOTAL FACTOR PRODUCTIVITYTOTAL FACTOR PRODUCTIVITY GROWTHTRAINING ACTIVITIESTRAINING INVESTMENTSTRAINING PROGRAMSTRAINING PROVIDERSTRANSPARENCYWAGESWORLD TRADE ORGANIZATIONWTO COMPETITIVENESSKNOWLEDGE INFRASTRUCTURESKILLED WORKERSQUALITY OF EDUCATIONACCESS TO EDUCATIONINFORMATION TECHNOLOGYSCIENCE & TECHNOLOGYTECHNOLOGICAL CAPACITYTECHNOLOGICAL KNOWLEDGEREGULATORY FRAMEWORKINFRASTRUCTURE REGULATIONPUBLIC SERVICESSERVICE DELIVERYPHYSICAL INFRASTRUCTUREBUSINESS ENVIRONMENTCORPORATE GOVERNANCETRADE REGIMEINVESTMENT ENVIRONMENTCOMPETITION POLICYINTEREST RATESEXCHANGE RATESMARKET TRENDSWorld Bank10.1596/15528