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Thailand Must Double Per-Capita Growth Rate to Reach High-Income Status by 2037, World Bank Says

4 days ago

Source Summary

Thailand must more than double its per-capita economic growth rate to achieve high-income status by 2037, according to the World Bank. The World Bank states this target is achievable if Thailand implements reforms to boost productivity and competitiveness.

Why it matters

Thailand's high-income goal is a major economic development target, and the World Bank assessment identifies the specific growth acceleration required and conditions necessary to achieve it.

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