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Vocational education in Thailand: a study of choice and returns
Abstract This study adds new evidence to the debate on the relative benefits of upper secondary vocational education and of general education at the same level. Using a probit model, the study findsExpand
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Economic Arrangements and Long-Term Growth in Thailand
The underlying reason why the average Thai earns approximately 5 times less than the average American in the 1990s is that the typical Thai worker is less productive than her American counterpart byExpand
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Gaining from Digital Disruption: the Thai Financial Landscape in the Digital Era
This paper examines competitiveness of the Thai financial sector through the dimensions of depth, access, efficiency, and stability, as compared to peers. The paper finds that while the ThaiExpand
FinTech, Financial Literacy, and Consumer Saving and Borrowing: The Case of Thailand
Financial services in Thailand are undergoing rapid transformation. The adoption of digital payments has been growing at an exponential rate, thanks to various collaborative initiatives between theExpand
New Globalization: Risks and Opportunities for Thailand in the Next Decade
The ongoing globalization process via the reduction and removal of obstacles to international trade and investment and international labor movement has come to an important inflection point due toExpand
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Monetary Policy and Financial Stability: Finding the Right Balance under Inflation Targeting
Along with inefficient resource allocation, as well as major economic and social disruptions, financial instability has been shown to undermine price stability and sustainable economic growth. SinceExpand
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