Infographic: Competitiveness in Southeast Asia
The new Global Competitiveness Report 2013-2014 of the World Economic Forum is out and clearly shows the changes in the region’s economic ecosystem: Indonesia, Philippines, Myanmar, Vietnam, Cambodia, Brunei, Laos are up, Thailand and Malaysia just slightly, and Singapore is even.
However, a comparison of the 2006-2013 period shows that, while all other ASEAN countries went up, Malaysia’s and Thailand’s competitiveness has continuously deteriorated, reflecting a somewhat maladaptive policy towards changes in the global economic environment.
The new Global Competitiveness Report 2013-2014 of the World Economic Forum is out and clearly shows the changes in the region's economic ecosystem: Indonesia, Philippines, Myanmar, Vietnam, Cambodia, Brunei, Laos are up, Thailand and Malaysia just slightly, and Singapore is even. However, a comparison of the 2006-2013 period shows that, while all other ASEAN countries went up, Malaysia's and Thailand's competitiveness has continuously deteriorated, reflecting a somewhat maladaptive policy towards changes in the global economic environment.
The new Global Competitiveness Report 2013-2014 of the World Economic Forum is out and clearly shows the changes in the region’s economic ecosystem: Indonesia, Philippines, Myanmar, Vietnam, Cambodia, Brunei, Laos are up, Thailand and Malaysia just slightly, and Singapore is even.
However, a comparison of the 2006-2013 period shows that, while all other ASEAN countries went up, Malaysia’s and Thailand’s competitiveness has continuously deteriorated, reflecting a somewhat maladaptive policy towards changes in the global economic environment.