Thailand Economic Monitor, January 2020 : Productivity for Prosperity

Thailand Economic Monitor, January 2020 : Productivity for Prosperity

Thailand’s economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Bangkok 2020
Subjects:
ECONOMIC GROWTH
ECONOMIC OUTLOOK
BUSINESS CYCLE
RISKS
PRODUCTIVITY
INVESTMENT
GROWTH DRIVERS
FIRM PRODUCTIVITY
PRIVATE INVESTMENT
FISCAL TRENDS
SOCIAL PROTECTION
STRUCTURAL TRANSFORMATION
Online Access:http://documents.worldbank.org/curated/en/394501579357102381/Thailand-Economic-Monitor-Productivity-for-Prosperity
http://hdl.handle.net/10986/33196
id okr-10986-33196
recordtype oai_dc
spelling okr-10986-331962022-09-20T00:13:06Z Thailand Economic Monitor, January 2020 : Productivity for Prosperity World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK BUSINESS CYCLE RISKS PRODUCTIVITY INVESTMENT GROWTH DRIVERS FIRM PRODUCTIVITY PRIVATE INVESTMENT FISCAL TRENDS SOCIAL PROTECTION STRUCTURAL TRANSFORMATION Thailand’s economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments. TheGovernment has responded swiftly to the growth slowdown, through accommodative monetary policies and countercyclical fiscal stimulus. Going forward, additional policies to enhance the effectiveness of the stimulus, with a focus on implementing major public investment projects andimproving the efficiency of public investment management could maximize the growth impact. In the long term, structural reforms such as enhancing competition in the domestic economy, increasing openness, and promoting an eco-system for firm innovation in order can boost productivity. 2020-01-21T16:20:51Z 2020-01-21T16:20:51Z 2020-01-18 Report http://documents.worldbank.org/curated/en/394501579357102381/Thailand-Economic-Monitor-Productivity-for-Prosperity http://hdl.handle.net/10986/33196 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Bangkok Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific Thailand
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC GROWTH
ECONOMIC OUTLOOK
BUSINESS CYCLE
RISKS
PRODUCTIVITY
INVESTMENT
GROWTH DRIVERS
FIRM PRODUCTIVITY
PRIVATE INVESTMENT
FISCAL TRENDS
SOCIAL PROTECTION
STRUCTURAL TRANSFORMATION
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
BUSINESS CYCLE
RISKS
PRODUCTIVITY
INVESTMENT
GROWTH DRIVERS
FIRM PRODUCTIVITY
PRIVATE INVESTMENT
FISCAL TRENDS
SOCIAL PROTECTION
STRUCTURAL TRANSFORMATION
World Bank Group
Thailand Economic Monitor, January 2020 : Productivity for Prosperity
geographic_facet East Asia and Pacific
Thailand
description Thailand’s economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments. TheGovernment has responded swiftly to the growth slowdown, through accommodative monetary policies and countercyclical fiscal stimulus. Going forward, additional policies to enhance the effectiveness of the stimulus, with a focus on implementing major public investment projects andimproving the efficiency of public investment management could maximize the growth impact. In the long term, structural reforms such as enhancing competition in the domestic economy, increasing openness, and promoting an eco-system for firm innovation in order can boost productivity.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Thailand Economic Monitor, January 2020 : Productivity for Prosperity
title_short Thailand Economic Monitor, January 2020 : Productivity for Prosperity
title_full Thailand Economic Monitor, January 2020 : Productivity for Prosperity
title_fullStr Thailand Economic Monitor, January 2020 : Productivity for Prosperity
title_full_unstemmed Thailand Economic Monitor, January 2020 : Productivity for Prosperity
title_sort thailand economic monitor, january 2020 : productivity for prosperity
publisher World Bank, Bangkok
publishDate 2020
url http://documents.worldbank.org/curated/en/394501579357102381/Thailand-Economic-Monitor-Productivity-for-Prosperity
http://hdl.handle.net/10986/33196
_version_ 1764478199673126912

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