Strengthening Productivity Analysis for Policymaking in Thailand

Productivity growth is the main source of increasing economic prosperity and living standards in the long term. Productivity has been growing fast in Thailand for many decades. However, like many OECD countries, Thailand has experienced a slowdown in recent years. As the country aspires to become a high-income economy by 2037, reviving productivity growth will be paramount. Economic institutions are key in identifying the reasons for the slowdown and helping design policies to reverse it. This report assesses capabilities of Thailand's institutions to analyse productivity and to develop policies to boost it. The report provides sequenced and tailored recommendations to strengthen these institutions and policies, drawing on the OECD's longstanding and extensive research on productivity institutions, data and policies.