Industrial Change in the Bangkok Urban Region
The 2009 World Development Report (WDR) on economic geography aroused interest among policymakers in Thailand and led to an agreement between the Office of the National Economic and Social Development Board (NESDB) and the East Asia Poverty Reducti...
| Main Authors: | , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/181621468340155310/Industrial-Change-in-the-Bangkok-Urban-region http://hdl.handle.net/10986/27380 |
| Summary: | The 2009 World Development Report (WDR)
on economic geography aroused interest among policymakers in
Thailand and led to an agreement between the Office of the
National Economic and Social Development Board (NESDB) and
the East Asia Poverty Reduction and Economic Management Unit
of the World Bank to collaborate on a study of the Bangkok
urban region which is Thailand's engine of growth.
This report is the fruit of continuous collaboration between
the NESDB and the World Bank. This report was prepared by a
joint NESDB-World Bank team. For over three decades,
Thailand has consistently ranked as one of the fastest
growing Southeast Asian economies. This growth performance
is principally the result of high levels of domestic and
foreign investment that enabled Thailand to build a
diversified, export oriented industrial economy and absorb
technologies from more advanced countries. Much of this
industrialization has been concentrated in Bangkok and five
adjacent provinces that comprise the Bangkok metropolitan
region and, in recent years, a few provinces further to the
south east which are now a part of the Bangkok urban region.
The principal economic challenge for Thailand is to enhance
the industrial potential of the region so as to sustain real
Gross Domestic Product (GDP) growth at between five and six
percent per annum. This is well below the growth rates of
eight and nine percent per annum achieved during 1985-1995.
Bangkok must ensure that public amenities, services, housing
and transport infrastructures receive sustained attention
and financing. The quality of life will be vital to
retaining a large talent pool, attracting investment and
sustaining the tourist industry. |
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