Once recognised as a high-performing Asian newly industrialising economy, Thailand's growth rate and competitive edge have declined substantially. With slower adoption and movement towards the knowledge -intensive industry, the loss of competitive edge has caused concerns among Thai policy makers, with Thailand succumbing to the middle-income trap. This book analyses Thailand's declining competitiveness in the past 50 years, taking into consideration both national- and sectoral-level roles and capabilities of key players - a must-read for both students and practitioners with interest in development economics, industrial economics and public policy.
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