The success of Asian economies (first Japan, then Taiwan, South Korea, Singapore, Hong Kong and, more recently, China and India) has made it tempting to look for "an Asian model of development". However, the strength of Asian development lies less in strategies that reproduce successful national...

Competitiveness of a country requires continuous upgrading and, sometimes, major transformation. Thailand is at the crossroad. It can no longer pursue a strategy based on low-cost advantages, but its capability achievements are still too low to become an advanced economy. This book points out...