[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108917-en":3,"doc-seo-108917-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108917,13056703019662,"Evangeline","https://ap-avatar.wpscdn.com/avatar/be000253a8e92610077?_k=1778726343310543188",8,"Research & Report","COUNTRY PRIVATE SECTOR DIAGNOSTIC - CREATING MARKETS IN THAILAND - Rebooting Productivity for Resilient Growth","Country Private Sector Diagnostic for Thailand focusing on how to create markets and reboot productivity for resilient growth. The report frames the state of the private sector and country context, then analyzes key investment constraints including competition, restrictions on FDI, access to innovation finance, and skills availability. It also highlights priority areas for market opportunities such as digital and disruptive technologies and the circular economy, culminating in investment recommendations and attention to the Eastern Economic Corridor.","blisclosure Authorized u li iD sc os re Authorized Public Disclosure Authorized  \nCOUNTRY PRIVATE SECTOR DIAGNOSTIC  \nCREATING MARKETS IN THAILAND  \nRebooting Productivity for Resilient Growth  \nFebruary 2022  \nAbout IFC  \nIFC—a member of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, [visit www.ifc.org](visit www.ifc.org).  \n© International Finance Corporation 2022. All rights reserved.  \n2121 Pennsylvania Avenue, N.W.  \nWashington, D.C. 20433 [www.ifc.org](www.ifc.org)  \nThe material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. The findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the Executive Directors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governments they represent.  \nCover Photo: The World Bank.  \nCONTENTS  \nAcknowledgments v  \nAbbreviations vi  \nExecutive summary x  \nPART I: OVERVIEW  \n1. COUNTRY CONTEXT 2  \n2. THE STATE OF THE PRIVATE SECTOR 10  \n3. MOVING FORWARD: LEVERAGING OPPORTUNITIES  \nAND ADDRESSING CONSTRAINTS 15  \nPART II: INVESTMENT CONSTRAINTS  \n4. INTRODUCTION 22  \n5. COMPETITION 24  \n6. REMOVING RESTRICTIONS TO FDI 30  \n7. ACCESS TO INNOVATION FINANCE 34  \n8. ACCESS TO AND AVAILABILITY OF SKILLS 39  \n9. SUMMARY OF INVESTMENT RECOMMENDATIONS 44  \n10. THE EASTERN ECONOMIC CORRIDOR 47  \nPART III: MARKET OPPORTUNITIES  \n11. DIGITAL & DISRUPTIVE TECHNOLOGIES 52  \n12. THE CIRCULAR ECONOMY 67  \nAnnexes 81  \nReferences 112  \nEndnotes 122  \nBOXES  \n1 State-Owned Enterprises (SOEs) as Innovators 28  \n2 Digital Factoring and Its Benefits 37  \n3 Promoting Innovative Startups and Attracting Foreign Talent:  \nSelected International Examples 62  \n4 Fifteen Areas in Three Sectors Assessed for Circular-Economy Opportunities 69  \nFIGURES  \n1 GDP Growth was Fueled by Rising TFP… 2  \n2 … and Structural Transformation, with a Large-Scale Shift  \nof the Labor Force from Agriculture 2  \n3 Gross Fixed Capital Formation (% GDP) in 2019 vs. Change  \nin Capital Formation in 1990–2019 (ppts.) 3  \n4 FDI Flows, Thailand vs. Selected Economies 3  \n5 Selected Export Performance Metrics in Thailand vs. Peers 4  \n6 Share of Global Innovator Services in Total Service Exports  \nand Log of GDP per Capita, 2017 5  \n7 Environmental Indicators Ranking 6  \n8 Thailand’s Performance on Some Dimensions of Resource  \nUse and Consumption 6  \n9 Gross Regional and Provincial Product  \nat Current Market Prices (millions of baht) 7  \n10 GDP Growth and Tourism Dependence 8  \n11 New Enterprise Formation in Thailand, 2006–2018 10  \n12 Entry & Exit of Firms 11  \n13 Selected Metrics for R&D-Based Innovation 12  \n14 Selected Innovation Results, 2018 12  \n15 Export Revenue by Enterprise Size and Complexity of Exports 13 16 Current and Future Trends, Their Implications for Thailand’s  \nDevelopment, and Use of DDT and Circularity to Leverage Trends 18  \n17 Scope of the CPSD 19 18 Most Problematic Hurdles t","cbCaidM5A0kJR9G3","https://ap.wps.com/l/cbCaidM5A0kJR9G3","pdf",9238097,4,1,164,"English","en",105,"# Executive summary\n# Part I: Overview\n## Country context\n## The state of the private sector\n## Moving forward: leveraging opportunities and addressing constraints\n# Part II: Investment constraints\n## Introduction\n## Competition\n## Removing restrictions to FDI\n## Access to innovation finance\n## Access to and availability of skills\n## Summary of investment recommendations\n## The Eastern Economic Corridor\n# Part III: Market opportunities\n## Digital & disruptive technologies\n## The circular economy\n# Annexes\n# References\n# Endnotes","[{\"question\":\"What is the main purpose of the Country Private Sector Diagnostic for Thailand?\",\"answer\":\"To create markets in Thailand and reboot productivity for resilient growth by diagnosing the private sector and identifying investment constraints and market opportunities.\"},{\"question\":\"Which investment constraints are analyzed in the report?\",\"answer\":\"The report covers competition issues, restrictions to FDI, access to innovation finance, and access to and availability of skills, along with supporting context and investment recommendations.\"},{\"question\":\"What market opportunities does the report emphasize?\",\"answer\":\"It emphasizes digital and disruptive technologies and the circular economy, and it also includes attention to the Eastern Economic Corridor.\"}]","COUNTRY PRIVATE SECTOR DIAGNOSTIC - 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