WEF targets education, bureaucracy, graft | Bangkok Post: breakingnews

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WEF targets education, bureaucracy, graft

Education, bureaucracy and corruption were highlighted as among the greatest challenges constraining Thailand's economic competitiveness by speakers at the World Economic Forum in East Asia on Wednesday morning.

The three-day WEF conference began on Wednesday with a private session focused on Thailand's competitiveness, which has declined in recent years even as other countries in the region have gained strides.

Thierry Geiger, an economist and associate director for the WEF's Centre for Global Competitiveness and Performance, said Thailand ranked fourth in Asean in terms of competitiveness, with public institutions, innovation, higher education and technology adoption among the country's weaknesses.

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  • Discussion 3 : 30 May 2012 at 22.223

    Thailand is at the same place education wise it was 20 years ago, but the amount of money going towards education has went up substantially, with no improvement. Does this parallel the need to do something about the rampant corruption that is also stifling industrial growth?

    This World Economic Forum should open Thailand's eyes to the fact the whole world sees, and recognizes the problems in Thailand. It is no secret as to what needs to stop in order for Thailand to truly grow industrially. This puts a direct eye on why Thailand will never be a developed country, and why it is starting to slide backwards.

    It might not have been a good idea for Thailand to sponsor these forums, except for the money being spent by those in attendance.

  • yik

    ThailandPost : 520

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    Discussion 2 : 30 May 2012 at 14.082

    It all has been said (again and again). What and when, will be done?

  • Discussion 1 : 30 May 2012 at 13.311

    Great article. For Thailand to move one step ahead, they really need to stamp out corruption within 10 years time or fall behind to Indonesia and other southeast countries in terms of manufacturing sector. Thailand has a huge buffer zone but that is quickly shrinking especially with the incoming free trade agreement among other ASEAN countries.

    Education also plays a vital role as Thai kids are not able to take that step forward to outperform their peers in the region. Imagine if these two issues are solved, Thailand would truly be a better place for all.

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