Thailand ranks 34th in global competitiveness ranking

  

BANGKOK, 29 September 2016 (NNT) - Thailand ranks 34th among 138 countries worldwide in the World Economic Forum’s 2016 competitiveness ranking. Thailand fells two notches but an academic says the decrease is nothing to be concerned about. 

The Faculty of Commerce and Accountancy, Chulalongkorn University, which is an official partner of the World Economic Forum, said despite the ranking drop, Thailand received the same score of 4.64 from the total score of seven. The two countries whose better rankings make Thailand’s ranking drop are Spain and Chile. 

Switzerland ranks first this year, followed by Singapore, the U.S., the Netherlands and Germany. 

The faculty’s dean, Phasu Techarin, expressed no concern over Thailand’s current competitiveness, saying the rankings of most countries in ASEAN, except Cambodia and Singapore, also decreased.

 

The Thai government had policy which was consistent with suggestions in the forum’s 2016 competitiveness report, said the academic. The suggestions focus on innovation and human resources development for expanding industries in the future. 

 

-- nnt 2016-09-29

These guys all sing from the same hymn book. Blah blah blah and more blah blah blah. Have no fear we are here to protect and serve and fight corruption. 

If Thailand had risen 2 places they would have been shouting it from the rooftops, but a fall of 2 places "mai pen rai".  Thainess !

9 hours ago, webfact said:

The Thai government had policy which was consistent with suggestions in the forum’s 2016 competitiveness report, said the academic. The suggestions focus on innovation and human resources development for expanding industries in the future. 

 

But, is there innovation and human resources development?  I think not.  What about education?