Thailand's ranking up one notch: Competitiveness report

[webfact]

COMPETITIVENESS
Thailand's ranking up one notch
The Nation

BANGKOK: -- Thailand's competitiveness ranking went up by one notch to the 37th place, among 148 economies, according to World Economic Forum's Global Competitiveness Report 2013-2014. Last year, it was ranked the 38th, among 144 economies.

Globally, excellent innovation and strong institutional environments are increasingly influencing economies' competitiveness. The report places Switzerland at the top of the ranking for the fifth year running. Singapore and Finland remain in second and third positions respectively. Germany moves up two places (4th) and the United States reverses a four-year downward trend, climbing two places to fifth. Hong Kong SAR (7th) and Japan (9th) also close the gap on the most competitive economies, while Sweden (6th), the Netherlands (8th) and the United Kingdom (10th) fall.

The United States continues to be a world leader in bringing innovative products and services to market. Its rise in the ranking is down to a perceived improvement in the country's financial market as well as greater confidence in its public institutions. However, serious concerns persist over its macroeconomic stability, which ranks 117 out of 148 economies.

Among the Asian economies, Indonesia jumps to 38th, making it the most improved of the G20 economies since 2006, while Korea (25th) falls by six places. Behind Singapore, Hong Kong SAR, Japan and Taiwan (China) (12th) all remain in the top 20. Developing Asian nations display very mixed performances and

trends: Malaysia places 24th while countries such as Nepal (117th), Pakistan (133rd) and Timor-Leste(138th) are at the bottom of the ranking. Bhutan (109th), Lao PDR (81st) and Myanmar (139th) join the index for the first time.

Top 10 country 2013 2012

Switzerland 1 1
Singapore 2 2
Finland 3 3
Germany 4 6
United States 5 7
Sweden 6 4
Hong Kong 7 9
Netherlands 8 5
Japan 9 10
United Kingdom 10 8

-- The Nation 2013-09-04

[historyprof]

Reality rears it's ugly head on Thai Visa. Only 9 countries finished lower than Burma. Vietnam was number 70. Laos 81. Sweden (6th), the Netherlands (8th) and the United Kingdom (10th) fall. Germany moves up two places (4th) and the United States reverses a four-year downward trend, climbing two places to fifth. Hong Kong SAR (7th) and Japan (9th) also close the gap on the most competitive economies.

I think If Thai Visa did the survey it would not quite be the same. Anybody care to guess what the results of a Thai Visa poll would be?

The World Economic Forum was first conceived in January 1971 when a group of European business leaders met under the partronage of the European Commission and European industrial associations. German-born Klaus Schwab, then Professor of Business Policy at the University of Geneva, chaired the gathering, which took place in Davos, Switzerland. The Forum is perhaps most widely known for its Annual Meeting in Davos-Klosters. Membership, "The 1,000 leading companies of the world."

http://www.weforum.org/history

[RickeyParkany]

Competition hub! ;-} rap.

[Robby nz]

Not for selling rice I shouldn't think.

[IMA_FARANG]

Note that the U.K. also drops from the 8th place to the 10th place.

Not that I put much value in such rankings anyhow.

[super22k]

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

[sadhukar]

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

And the result is that thailands y over y gdp growth has been strong for the past decade

[i claudius]

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

And the result is that thailands y over y gdp growth has been strong for the past decade

yes, well when you are not to good ,the only way is up .

[Nooky2]

Fantasy. Not reality.

[Thai at Heart]

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

And the result is that thailands y over y gdp growth has been strong for the past decade

And reality is, they are still coming from a low point, and are a developing country, with a ranking of about 80 odd in terms of GDP per head depending on which organisation you look at.

Great. Loooooong way to go.

[mikemac]

And the result is that thailands y over y gdp growth has been strong for the past decade

I sense an unhealthy dose of nationalistic pride.

[sms747]

they would be screwed if the Japanese decided to pull out

[historyprof]

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

Competitiveness is the set of institutions, policies, and factors that determine the level of productivity of a country. The level of productivity, in turn, sets the level of prosperity that can be earned by an economy. http://widgets3.weforum.org/#introduction

The Global Competitiveness Report 2013-2014 assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

http://www.weforum.org/

Who is responsible for producing the report? Take a look at the Strategic Partners of the World Economic Forum. Let's look at the C's

CA Technologies

Chevron

Cisco

Citi

Clayton, Dubilier & Rice LLC

Clifford Chance

The Coca-Cola Company

Credit Suisse

Or the D's

Deloitte

Deutsche Bank

Deutsche Post DHL

Dogus Group

The Dow Chemical Company

DuPont

How about the M's

Mahindra Satyam

ManpowerGroup

Marsh & McLennan Companies (MMC)

McKinsey & Company

Microsoft Corporation

Mitsubishi Corporation

Morgan Stanley

or maybe S?

SABMiller

salesforce.com *

Saudi Aramco

Saudi Basic Industries Corporation (SABIC)

Sberbank

Siemens

SK Group

Standard Chartered

Swiss International Air Lines

Swiss Re

System Capital Management

At the centre of the Forum's knowledge generation activities Strategic Partners benefit from and contribute to the global knowledge base through working closely with the Forum to set the intellectual agenda of Forum meetings, driving the insight agenda of its publications and steering the impact of its initiatives,

It is a good report made by a well respected organization. TheGlobal Competitiveness Report 2013-2014assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

This is the report that people in the know read. Who thinks the report and organization is important?

Super22k thinks it is meaningless and the following people thought it was important enough to go the the meeting in Switzerland in 2011, Felipe Calderón, Robert B. Zoellick, Álvaro Uribe Vélez, Nicolas Sarkozy, Ban Ki-moon, Angela Merkel, N. Chandrababu Naidu, Ferenc Gyurcsany, François Fillon, Morgan Tsvangirai, Gordon Brown, David Cameron, Min Zhu, Paul Kagame, Queen Rania of Jordan, Dmitry Medvedev, Susilo Bambang Yudhoyono, Kevin Rudd, Barney Frank, Kofi Annan, Werner Faymann, Leonel Fernández, Jacob Zuma, Naoto Kan, Jean-Claude Trichet and Zeng Peiyan.^[19]

Al Gore, Bill Clinton, Bill Gates, Bono, Paulo Coelho and Tony Blair are also regular Davos attendees. Past attendees include Recep Tayyip Erdogan, Henry Kissinger, Nelson Mandela, Raymond Barre, Julian Lloyd Webber and Yasser Arafat.

Kind of makes you wonder. Who is Super22k? I know who the other people are.

[alexander69]

beer went up today????

[ratcatcher]

beer went up today????

More importantly, did it go down well?

[sin]

very in depth explaination by you . looking at someone respond show how ignorant he is .

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

Competitiveness is the set of institutions, policies, and factors that determine the level of productivity of a country. The level of productivity, in turn, sets the level of prosperity that can be earned by an economy. http://widgets3.weforum.org/#introduction

The Global Competitiveness Report 2013-2014 assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

http://www.weforum.org/

Who is responsible for producing the report? Take a look at the Strategic Partners of the World Economic Forum. Let's look at the C's
CA Technologies
Chevron
Cisco
Citi

Clayton, Dubilier & Rice LLC
Clifford Chance
The Coca-Cola Company
Credit Suisse
Or the D's
Deloitte
Deutsche Bank
Deutsche Post DHL
Dogus Group
The Dow Chemical Company
DuPont
How about the M's
Mahindra Satyam
ManpowerGroup
Marsh & McLennan Companies (MMC)
McKinsey & Company
Microsoft Corporation
Mitsubishi Corporation
Morgan Stanley
or maybe S?
SABMiller
salesforce.com *
Saudi Aramco
Saudi Basic Industries Corporation (SABIC)
Sberbank
Siemens
SK Group
Standard Chartered
Swiss International Air Lines
Swiss Re
System Capital Management
At the centre of the Forum's knowledge generation activities Strategic Partners benefit from and contribute to the global knowledge base through working closely with the Forum to set the intellectual agenda of Forum meetings, driving the insight agenda of its publications and steering the impact of its initiatives,

It is a good report made by a well respected organization. TheGlobal Competitiveness Report 2013-2014assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

This is the report that people in the know read. Who thinks the report and organization is important?

Super22k thinks it is meaningless and the following people thought it was important enough to go the the meeting in Switzerland in 2011, Felipe Calderón, Robert B. Zoellick, Álvaro Uribe Vélez, Nicolas Sarkozy, Ban Ki-moon, Angela Merkel, N. Chandrababu Naidu, Ferenc Gyurcsany, François Fillon, Morgan Tsvangirai, Gordon Brown, David Cameron, Min Zhu, Paul Kagame, Queen Rania of Jordan, Dmitry Medvedev, Susilo Bambang Yudhoyono, Kevin Rudd, Barney Frank, Kofi Annan, Werner Faymann, Leonel Fernández, Jacob Zuma, Naoto Kan, Jean-Claude Trichet and Zeng Peiyan.^[19]

Al Gore, Bill Clinton, Bill Gates, Bono, Paulo Coelho and Tony Blair are also regular Davos attendees. Past attendees include Recep Tayyip Erdogan, Henry Kissinger, Nelson Mandela, Raymond Barre, Julian Lloyd Webber and Yasser Arafat.

Kind of makes you wonder. Who is Super22k? I know who the other people are.

[jollyposty]

beer went up today????

NOW that is REAL NEWS alex were all doomed (not being funny serious )

[jollyposty]

beer went up today????

More importantly, did it go down well?

still has the same effect rat

[hellodolly]

Competitiveness? Is this some kind of joke? Meaningless statistics that add up to nothing. Results are what matter.

Competitiveness is the set of institutions, policies, and factors that determine the level of productivity of a country. The level of productivity, in turn, sets the level of prosperity that can be earned by an economy. http://widgets3.weforum.org/#introduction

The Global Competitiveness Report 2013-2014 assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

http://www.weforum.org/

Who is responsible for producing the report? Take a look at the Strategic Partners of the World Economic Forum. Let's look at the C's

CA Technologies

Chevron

Cisco

Citi

Clayton, Dubilier & Rice LLC

Clifford Chance

The Coca-Cola Company

Credit Suisse

Or the D's

Deloitte

Deutsche Bank

Deutsche Post DHL

Dogus Group

The Dow Chemical Company

DuPont

How about the M's

Mahindra Satyam

ManpowerGroup

Marsh & McLennan Companies (MMC)

McKinsey & Company

Microsoft Corporation

Mitsubishi Corporation

Morgan Stanley

or maybe S?

SABMiller

salesforce.com *

Saudi Aramco

Saudi Basic Industries Corporation (SABIC)

Sberbank

Siemens

SK Group

Standard Chartered

Swiss International Air Lines

Swiss Re

System Capital Management

At the centre of the Forum's knowledge generation activities Strategic Partners benefit from and contribute to the global knowledge base through working closely with the Forum to set the intellectual agenda of Forum meetings, driving the insight agenda of its publications and steering the impact of its initiatives,

It is a good report made by a well respected organization. TheGlobal Competitiveness Report 2013-2014assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

This is the report that people in the know read. Who thinks the report and organization is important?

Super22k thinks it is meaningless and the following people thought it was important enough to go the the meeting in Switzerland in 2011, Felipe Calderón, Robert B. Zoellick, Álvaro Uribe Vélez, Nicolas Sarkozy, Ban Ki-moon, Angela Merkel, N. Chandrababu Naidu, Ferenc Gyurcsany, François Fillon, Morgan Tsvangirai, Gordon Brown, David Cameron, Min Zhu, Paul Kagame, Queen Rania of Jordan, Dmitry Medvedev, Susilo Bambang Yudhoyono, Kevin Rudd, Barney Frank, Kofi Annan, Werner Faymann, Leonel Fernández, Jacob Zuma, Naoto Kan, Jean-Claude Trichet and Zeng Peiyan.^[19]

Al Gore, Bill Clinton, Bill Gates, Bono, Paulo Coelho and Tony Blair are also regular Davos attendees. Past attendees include Recep Tayyip Erdogan, Henry Kissinger, Nelson Mandela, Raymond Barre, Julian Lloyd Webber and Yasser Arafat.

Kind of makes you wonder. Who is Super22k? I know who the other people are.

Your list of names and companies did not impress me.

Impress me with facts that say Thailand got more competitive. They could have got less competitive and still gained due to the failing of other countries to remain competitive.

Go ahead impress me.

By the way I am glad to see them gain even if it is a number with very little meaning.

[super22k]

Competitiveness promotes a contest-like situation.White collared industrialists and politicians who seem to enjoy this charade should remember the name of the game is to get food into peoples stomachs and to stop the wars,or maybe,competitiveness is a facet of human nature that we are all guilty of.

[RubbaJohnny]

beer went up today????

and down

[webfact]

UPDATE:
Thailand edges up world competitiveness rankings
THE NATION

BANGKOK: -- THAILAND has succeeded in moving up in the global competitiveness rankings, from 39th in 2011 to 38th in 2012 and 37th this year, but it has to overcome several challenges to catch up with the pace of improvement seen by its regional peers.

In the World Economic Forum's Global Competitiveness Report 2013-2014, among 148 economies Thailand ranks as 38th most competitive. However, the overall competitiveness ranking went up by only one notch, compared to 12 places by Indonesia (now ranked 38th), 6 places by the Philippines (59), 5 places by Vietnam (70th), and one place by Malaysia (24th). Witnessing no improvement in its ranking, Singapore (2nd) has been enjoying the high place for a number of years.

This year marks the first time that Laos (81st) and Myanmar (139th) appear on the list, being the latest two of all 10 ASEAN member countries.

In the mixed competitiveness landscape, Indonesia and the Philippines are dubbed as "some of the most dynamic and rapidly improving economies in terms of competitiveness". Asia is home to some of the most competitive nations, including three members in the top 10 (Singapore, Hong Kong, and Japan). On the other hand, a number of Asian countries, including Pakistan and Timor-Leste, have been unable to improve their competitiveness.

Last year, among 144 economies, Thailand was ranked 38th, against 39th among 142 countries in the previous year. Ranked 37th this year, Thailand has shown a very small improvement in its performance and faces considerable challenges.

Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention.

After three years of gradual decline, Indonesia has bounced back with the strongest improvements in the region. The country has progressed in 10 of the 12 pillars of the ranking criteria, with the biggest improvement in the infrastructure pillar, where it leapfrogged 17 places to 61st. After years of neglect, Indonesia has been boosting infrastructure, spending to upgrade roads, ports, water facilities, and power plants.

The Philippines sees positive improvement across most dimensions. In the institutions pillar (79th), the Philippines has leapfrogged over the past years thanks to the current government's fight against corruption. Corruption had historically been one of the country's biggest drags on competitiveness.

Vietnam regained half of the ground it lost last year, thanks to a slightly better macroeconomic environment as inflation was back to single-digit levels in 2012, besides improvements in the quality of transport and energy infrastructure, albeit from a very low base.

Second among ASEAN countries, behind Singapore, Malaysia ranks no lower than 51st in any of the 12 pillars of the report and features in the top 10 of two of them. Its most notable advantages are its efficient and competitive market for goods and services, its well-developed and sound financial market, and its business-friendly institutional framework (29th). In a region plagued by corruption and red tape, Malaysia stands out as one of the very few countries that has been relatively successful at tackling these two issues, as part of its economic and government transformation programmes, according to the report.

Witnessing improvements in all dimensions, Singapore can see better prosperity thanks to the sophistication and innovation in the private sector.

Globally, Switzerland continues to maintain the No 1 position for five consecutive years, while Finland comes in third. Excellent innovation and strong institutional environments are increasingly influencing economies' competitiveness. Germany moves up two places (4th) and the United States reverses a four-year downward trend, climbing two places to fifth. Hong Kong (7th) and Japan (9th) also close the gap on the most competitive economies, while Sweden (6th), the Netherlands (8th) and the United Kingdom (10th) fall.

The United States continues to be a world leader in bringing innovative products and services to market. Its rise in the ranking is down to a perceived improvement in the country's financial market as well as greater confidence in its public institutions. However, serious concerns persist over its macroeconomic stability, which ranks 117 out of 148


-- The Nation 2013-09-05

[phuketsub]

pseudoscience.

[hellodolly]

I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Of course the government is not interested in improving any of that. Just sweep it under the carpet.

[historyprof]

I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Of course the government is not interested in improving any of that. Just sweep it under the carpet.

The World Economic Forum who wrote the words that you are quoting is more concerned with the overall picture of Thailand which gives it a 37th in the world ranking.

You have your opinion but why should we put your opinion over the leaders of the top 1000 corporations in the world? Just asking because The Coca-Cola Company, Credit Suisse, Deutsche Bank, Dow and Dupont, Microsoft, Siemens, SK Group and Standard Chartered to list a few don't agree with you.

[historyprof]

pseudoscience.

Balderdash, poppycock, flummery and malarkey to refer to the World Economic Forum Competitiveness report as pseudoscience.

[hellodolly]

I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Of course the government is not interested in improving any of that. Just sweep it under the carpet.

The World Economic Forum who wrote the words that you are quoting is more concerned with the overall picture of Thailand which gives it a 37th in the world ranking.

You have your opinion but why should we put your opinion over the leaders of the top 1000 corporations in the world? Just asking because The Coca-Cola Company, Credit Suisse, Deutsche Bank, Dow and Dupont, Microsoft, Siemens, SK Group and Standard Chartered to list a few don't agree with you.

I like you have not a clue what you are talking about. All your big name companies and people said was Thailand had moved up from 38 on the list to 37. They did not say Thailand had become more competitive. the information you are running around waving proves that. But it does not prove Thailand has become more competitive. In fact it could have become less competitive.

As I said in my opinion backed up by the facts you not me have posted is they moved up a notch on the scale number wise. Statistics is a collage course and I never touched it but even I know that this ranking is meaningless except for bar talk where you may ascribe all kinds of dreams mixed in with facts to it.

I also stand by my opinion based on facts you have provided

"I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

[hellodolly]

pseudoscience.

Balderdash, poppycock, flummery and malarkey to refer to the World Economic Forum Competitiveness report as pseudoscience.

The really big question is it useful science? If it is who uses it and to what ends?

I know journalists use it to fill space in news papers but who is behind the scenes using the information that went into the making of a number?

I am very very sure academics use it to talk about but for what purpose.

[historyprof]

I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Of course the government is not interested in improving any of that. Just sweep it under the carpet.

The World Economic Forum who wrote the words that you are quoting is more concerned with the overall picture of Thailand which gives it a 37th in the world ranking.

You have your opinion but why should we put your opinion over the leaders of the top 1000 corporations in the world? Just asking because The Coca-Cola Company, Credit Suisse, Deutsche Bank, Dow and Dupont, Microsoft, Siemens, SK Group and Standard Chartered to list a few don't agree with you.

I like you have not a clue what you are talking about. All your big name companies and people said was Thailand had moved up from 38 on the list to 37. They did not say Thailand had become more competitive. the information you are running around waving proves that. But it does not prove Thailand has become more competitive. In fact it could have become less competitive.

As I said in my opinion backed up by the facts you not me have posted is they moved up a notch on the scale number wise. Statistics is a collage course and I never touched it but even I know that this ranking is meaningless except for bar talk where you may ascribe all kinds of dreams mixed in with facts to it.

I also stand by my opinion based on facts you have provided

"I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Dolly you been conned.

The Nation hates to write any articles that are pro Thai when the current government is in office. Therefore they took the Global Competitiveness Survey and ran the results and then looked in the country profile until they found some negative information and put that with the main story.

You can confirm this by going to the World Economic Forum website. The information you are quoting was a small part of the total information that was used to come up with the Competitiveness Ranking of 37th out of 148 economies. You can confirm this with google. Google, "Political and policy instability, excessive red tape, omnipresent corruption......." You will find this only in the story from the Nation. The Nation also left out the positive things in the country report such as, "on a more positive note, Thailand ranks high on the macroeconomic environment pillar (31st, its best showing among the 12

pillars) owing to a very favorable fiscal situation, its high savings rate, an inflation rate under control at around 3 percent, and—in international comparison—a relatively good debt-to-GDP ratio of about 44 percent in 2012. In addition, the county continues to improve in the financial development (32nd) and the market efficiency pillars (34th), having progressed 17 and 10 places, respectively, in the past four years."

So to sum it up you are quoting a small part of a big report that was selectivly reported in the Nation to only list the negatives to counter the positive of Thailand's positive competive growth.

Thanks for your post. I would never have searched the World Economic Forum website unless you had made a point of the information. It is a great example of how the Nation slants news and we just eat it up not checking the source. Anyway you can check the website all of the informaiton is there.

http://www.weforum.org/

[hellodolly]

I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Of course the government is not interested in improving any of that. Just sweep it under the carpet.

The World Economic Forum who wrote the words that you are quoting is more concerned with the overall picture of Thailand which gives it a 37th in the world ranking.

You have your opinion but why should we put your opinion over the leaders of the top 1000 corporations in the world? Just asking because The Coca-Cola Company, Credit Suisse, Deutsche Bank, Dow and Dupont, Microsoft, Siemens, SK Group and Standard Chartered to list a few don't agree with you.

I like you have not a clue what you are talking about. All your big name companies and people said was Thailand had moved up from 38 on the list to 37. They did not say Thailand had become more competitive. the information you are running around waving proves that. But it does not prove Thailand has become more competitive. In fact it could have become less competitive.

As I said in my opinion backed up by the facts you not me have posted is they moved up a notch on the scale number wise. Statistics is a collage course and I never touched it but even I know that this ranking is meaningless except for bar talk where you may ascribe all kinds of dreams mixed in with facts to it.

I also stand by my opinion based on facts you have provided

"I would be more concerned about the rankings here.

"Political and policy instability, excessive red tape, omnipresent corruption and clientelism, security concerns, low reliability and high uncertainty about property rights protection seriously undermine the quality of Thai public institutions (85th). Poor public health (74th) and education, two other critical building blocks of competitiveness, require urgent attention."

Dolly you been conned.

The Nation hates to write any articles that are pro Thai when the current government is in office. Therefore they took the Global Competitiveness Survey and ran the results and then looked in the country profile until they found some negative information and put that with the main story.

You can confirm this by going to the World Economic Forum website. The information you are quoting was a small part of the total information that was used to come up with the Competitiveness Ranking of 37th out of 148 economies. You can confirm this with google. Google, "Political and policy instability, excessive red tape, omnipresent corruption......." You will find this only in the story from the Nation. The Nation also left out the positive things in the country report such as, "on a more positive note, Thailand ranks high on the macroeconomic environment pillar (31st, its best showing among the 12

pillars) owing to a very favorable fiscal situation, its high savings rate, an inflation rate under control at around 3 percent, and—in international comparison—a relatively good debt-to-GDP ratio of about 44 percent in 2012. In addition, the county continues to improve in the financial development (32nd) and the market efficiency pillars (34th), having progressed 17 and 10 places, respectively, in the past four years."

So to sum it up you are quoting a small part of a big report that was selectivly reported in the Nation to only list the negatives to counter the positive of Thailand's positive competive growth.

Thanks for your post. I would never have searched the World Economic Forum website unless you had made a point of the information. It is a great example of how the Nation slants news and we just eat it up not checking the source. Anyway you can check the website all of the informaiton is there.

http://www.weforum.org/

All my posts were in reply to your posts. Not the article. I have no iontention of chasing this thing all over the place. Just look at the under 3% inflation rate you want to do research just look at the number of things that they do not include in that figure.

Yes you researched World Economic Forum website. Where did they get there information from. Maybe a man in Dubai.

If every thing is so wonderful here why is Moody's not giving a positive report. They have not given a negative one but they leave one with a little less faith in Thailand economic stability. Let me guess you are now going to come up with a story about Moody's that say's they are not very reliable because of their past performances.

The information I was quoting came from one of your posts I just put a little different slant on it.

Last but not least I have not been conned. I just looked at the material and used a little common sense. Also I did know before hand that numbers can be manipulated in many different ways.