Survey: Is Thailand’s 4.0 economic policy likely to be successful?

[Scott]

SURVEY:  In your opinion do you think the plan for economic development which includes an economic model aimed at a value-based economy, moving from traditional farming and SME to 'smart' enterprises and high-valued services, likely to be successful?

 

Please feel free to leave a comment.

 

Reference here:  

 

[Stocky]

You omitted the third option: 'What the <deleted> is Thailand 4.0?'

 

 

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[12DrinkMore]

18 minutes ago, Stocky said:

You omitted the third option: 'What the <deleted> is Thailand 4.0?'

 

We have already gone through 1.0, 2.0 and 3.0 although I never noticed them. Might have been some retrospective history changes.

 

Straight from the top.

 

http://thailand.prd.go.th/ewt_news.php?nid=3424&filename=index

 

Note that there are two other main economic initiatives running in parallel.

 

A. One tambon one product.

 

B. Self-sufficiency.

 

I have no idea how they all co-exist.

[tukkytuktuk]

 
We have already gone through 1.0, 2.0 and 3.0 although I never noticed them. Might have been some retrospective history changes.
 
Straight from the top.
 
http://thailand.prd.go.th/ewt_news.php?nid=3424&filename=index
 
Note that there are two other main economic initiatives running in parallel.
 
A. One tambon one product.
 
B. Self-sufficiency.
 
I have no idea how they all co-exist.

What does that mean? One tambon one product .
Is it like Yorkshire - Yorkshire tea, Sheffield - Steel, Stoke - Pottery, London - biscuit tins, Northampton - shoes, etc..
What if a place produces more than one product? And self sufficiency is that import less and use only Thai products. Or is it about growing your own vegetables?

[maewang99]

if this means acceptance of Block Chain technology.. which is in one of today's big English language newspapers... yes!

the retail banks always are prominently displaying an almost 100% round trip FX fee for the epicenter of ASEAN.... and no cash exchange of Peso to Baht and vice versa... you have to use US dollahs as an intermediate exchange money.

 

Block Chains means kissing the crazy bank fees... and the US dollah..... bye bye!

now if 4.0 also means Thai folks being able to trade PSE stocks without having to establish residency in the Philippines (using that as one AEC example, but the best one for many years now for this illustration)........ that would be really cool.

it would be AEC 2015.  in gear.

I would like that.

 

[debate101]

It will be hugely successful. Thailand will become the world's first country to somehow break into the technological services/value added industry without teaching or allowing people to think.

[brucec64]

Thailand will hit 4.0 shortly after Thai is adopted as the international language for business.

Sent from my SM-J710F using Thaivisa Connect mobile app

[Squeegee]

Where is the Don't ask silly questions option?

[elgordo38]

1 hour ago, Stocky said:

You omitted the third option: 'What the <deleted> is Thailand 4.0?'

 

 

.

Exactly I am still trying to figure that one out. I am aware of 2.0 and 3.0 in computer talk but 4.0 has got me baffled. I did not vote because of this but peeked at the votes and was astounded at the spread. If 4.0 means eternal military domination spiced with laws controlling the media and a 20 year Prayuth time frame/road map and a fixed senate who will say yay or nay to putting some political leader who strays from the party line to death then I get it. 

[Srikcir]

There is more of a possibility of a 4.0 earthquake in Northern Thailand than a successful 4.0 economic program.

[canuckamuck]

100% guaranteed to be determined a total success. especially since they were smart enough not to tell anybody what it is.

[connda]

I believe that most people don't even understand what Thailand 4.0 is, including those who made up the name.

 

As far as farming using smart' enterprises and high-valued services, if it can be shown to benefit individual farmers to work in cooperatives as opposed to working alone, it may catch on.  Thais tend to copy-cat successful ventures.

[BernieOnTour]

An interesting comparison and some facts about Thailand 4.0 here:

 

http://www.google.co.th/url?sa=t&source=web&cd=2&ved=0ahUKEwip9JD73-nRAhXKtI8KHUoLDlkQFggbMAE&url=http%3A%2F%2Fwww.ait.ac.th%2Fnews-and-events%2F2016%2Fnews%2F1thailand-4.0-english-dr.-suvit.pdf&usg=AFQjCNGmquLJkrB6Y0_eGqmeazpU75nj-w&sig2=Kwx99_oS9ME5Z8SF7USmmg

 

Unfortunately, nowadays it's all back to the future with the concentration on self sufficiency.

[AGareth2]

4.0 

is that something like a new android thing?

[wakeupplease]

no 0.4 means the IQ level taught in schools when most of the kids are way above that but have the dam crap drummed into their heads and then start to believe the garbage taught to them, so soon all thais will end up like our gracious leader

 

sorry your I am out of there, still love the old Thailand and the 65million thais who have to suffer this sh>> every day. but thailand today in one word, cesspit

[JAG]

Scott, I know that you're "Admin", jolly wise and hugely admired and all that; but my dear fellow, why on earth did you ask such a bl**dy silly question? 

[Morakot]

Thanks for posting this Scott!  It really depends what you think "successful" means...

 

... but anything that builds on a linear notion of progress is doomed to fail. Despite that Tapscott's book is about 20 years old and had --understandably-- no  real sense of innovation emergence. 

 

But than again I saw a presentation on TH 4.0 that cited a case study form the UK and incidently used the 1707–1801 Union Flag design. I'm certain that's the intellectual mindset  in terms of  understanding progress that the proponents of 4.0 seem to ride. I can now see what they are so fascinated by such a lame.. ehmm  "cutting-edge" text like Tapscott''s book.

 

 

[Credo]

As a general rule, I don't think gov't driven economic policies are a good idea, but in Thailand they are particularly prone to failure.   

[Black arab]

It will be sucessful probably because we will be told it is sucessful.

[Canceraid]

In Chinese or cantonese language.....4 signifies death and is usually a very inauspicious number...so that speak it all. lol!

[Eric Loh]

I seen their advertisement blitz in CNBC with the catch phrase "It is Thailand time" touting that the country will embark on high technology, innovation, value added and biotech  with heavy emphasize on research and development. Really got me bewildered as to where will they get that kind of qualified and competent human resources considering the standard of education and the language handicap. Thailand will have to relax the immigration law to bring in qualified personnel but don't see any of this policy mentioned by the junta government. It is so un-coordinated,;not that I am surprised by this incompetent junta government. If you want this economic"pie in the sky"policy to succeed, Thailand will need a 20 years uninterrupted elected government and visionary Prime Ministers. Not military government and generals disguised as ministers.         

[12DrinkMore]

17 hours ago, tukkytuktuk said:

What does that mean? One tambon one product .
Is it like Yorkshire - Yorkshire tea, Sheffield - Steel, Stoke - Pottery, London - biscuit tins, Northampton - shoes, etc..
What if a place produces more than one product? And self sufficiency is that import less and use only Thai products. Or is it about growing your own vegetables?

 

One Tambon One Product or OTOP came from Taksin, it is also know as OTOP. There is a wiki article. Each village should concentrate on just one product.

 

The "self sufficiency" is a Royal inititiative to keep Thailand as a nation of happy small-holding farmers.

 

[12DrinkMore]

15 hours ago, BernieOnTour said:

An interesting comparison and some facts about Thailand 4.0 here:

 

http://www.google.co.th/url?sa=t&source=web&cd=2&ved=0ahUKEwip9JD73-nRAhXKtI8KHUoLDlkQFggbMAE&url=http%3A%2F%2Fwww.ait.ac.th%2Fnews-and-events%2F2016%2Fnews%2F1thailand-4.0-english-dr.-suvit.pdf&usg=AFQjCNGmquLJkrB6Y0_eGqmeazpU75nj-w&sig2=Kwx99_oS9ME5Z8SF7USmmg

 

Unfortunately, nowadays it's all back to the future with the concentration on self sufficiency.

Well that was pretty pathetic.

 

Lots of bright colours, arrows and random words, possibly put together by a 14 year old?

 

Unfortunately, although it was supposed to be the English version, there were sporadic bursts of Thai. Must have occured when a overwhelming surge of laziness came on, or possibly a distraction as a message over LINE or Facebook interrrupted the work.

 

The road ahead is going to be long and tortuous, I am not even sure that we are even on it.