Record, Need for Change, Constraints, and Strategies 26 October 2006 Bangkok NESDB and World Bank
Northeast Growth Dependent on Thailand Growth - Northeast tracks growth in Thailand closely
- Northeast largest sector is services – sustained by migrant remittances
- Improving the business environment for manufacturing in Central and East: addressing deficits in infrastructure and business services, such as improvements in the logistics system and the provision of one-stop government centers
- Sustaining high quality business and producer services in Bangkok: focus on urban mass transit infrastructure and communication
Economic Convergence Dependent on Meeting Three Challenges - Skills
- Service delivery to rural areas
- Local governance
- Access to vocational education; Improved teaching standards
- Geographic targeting; Community poverty programs; Off-farm diversification; Higher value-added of agricultural products; Small-scale irrigation; Weather risk insurance
- Strengthening and empowering public administrations from villages to province; Mandate and funds to improve the local business climate to attract investment; Power for municipalities to support the development of secondary cities
Promoting and Integrating with a prosperous GMS to turn Northeast from land-locked to being land-linked Promoting and Integrating with a prosperous GMS to turn Northeast from land-locked to being land-linked - Reducing structural and institutional impediments to the movements of goods, people, and capital
- Example ASEAN
- Overcoming inadequate transport and communication linkages and promoting common networks in transport, power distribution, trade and commerce
- Complement physical investments by investments in easing processes and building capacity: harmonization of legal and regulatory frameworks and the facilitation of cross-border flows
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