Local innovation vital to sustain growth

NONARIT BISONYABUT CHATRA KAMSAENG Thailand’s economic development derives mainly from cheap labour. The manufacturing sector relies upon foreign technology rather than creating its own industry. With comparatively low labour costs and government support for infrastructure and investment incentives, the Thai manufacturing sector has thrived as a main driver of economic growth in the past few […]

TDRI calls for public and private sectors to prepare for ageing society

In order to prepare for Thailand’s ageing society, the public and private sectors should push for policies that promote saving and motivate people to work beyond retirement age, an expert at Thailand Development Research Institute (TDRI) said. TDRI research fellow Jirawat Panpiemras said the government should implement policies that ensure workers have life security, as […]

Specialise ‘to avoid middle-income trap’

Panel: Economy too diversified to prosper Thailand must specialise in either manufacturing or the service sector if it wants to escape the middle-income trap, says the Thailand Development Research Institute (TDRI). “Developing the economy to move past the middle-income trap could go in either of those directions but it must be based on investment in […]

TDRI Quarterly Review, September 2013

Contents Kittipong Rueanthip, Jirawat Panpiemras, and Nonarit Bisonyabut Thailand’s Economic Growth after 1992: Was that Growth Pro-poor? Somkiat Tangkitvanich, Saowaruj Rattanakhamfu, Sunthorn Tunmuntong, and Ploy Thammapiranon Thailand in the AEC: Myths, Realities, Opportunities, and Challenges

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