New list, same problemsThe latest Global Competitiveness Index (GCI) released by the World Economic Forum, which saw Thailand's ranking drop by two notches, is caused by two key issues that have hindered the country's development for a long time. It did not come as a surprise to see Thailand's ranking drop from 38th place last year to the 40th spot this year. Thailand's score for critical thinking in its education sector is only 37, far below Finland which topped the list with a score of 76.4. Even though huge budgets have been allocated to various agencies to tackle these problems, Thailand has not seen progress in these areas. The Eastern Economic Corridor (EEC), the country's new economic locomotive, could be derailed if no effort is made to improve Thailand's human capital.

Source: Bangkok Post October 13, 2019 23:32 UTC