Thailand

Open economy
Foreign trade (Export + Import = 130% of GDP)
Foreign investment (direct investment,
Portfolio investment)
Service (e.g., Tourism etc.)

GDP Export (%)
2543 4.6 19.3
2544 1.8 -5.6
2545 5.6 5.6
2546 6.8 19.0
2547 6.1 23.0
2548 4.5 15.0
2549 5.0 17.0
2550 4.8 17.5
Determinants of development
Cultural factor
Political
Social
Policy
Economic
Non-economic
Common factors of development
Transportation
Communications
Free economy
Financial development
Technological development
Mechanical technology
Biotechnology
Information Technology
Nanotechnology
Sequences of economic development
Collection economy
Production economy
Service based economy
Speculation economy


R&D





Global causes of global development
China factor
India issue
Russia subject
Vietnam topic
Brazil item
Complementary of USA and Chinas
economy
Different comparative advantage
Chinas (Real-sector base economy e.g.,
Production, Trade)
USAs (Service sector, R&D, Financial-sector based
economy e.g., money and capital market)
Complementary of China and USs economy
Reduction of global economic imbalances causing
by the expanding gap of the financial sector and
the real sector. More sustainable global economic
development
Competing and conflict areas between
USA and China
Energy
Financial sector
R&D
Brand building
Service-based
Global capital development
China State backed capitalism
USA Private-led capitalism

Under the global political economic
imbalances US becomes political intervened
capitalism
Conflict between Japan and China
R&D
Brand building
Capital
Networking
Security
Development strategies
Chinas total track economy
Labor intensive
Capital intensive
Knowledge-based
Chinas Economic potential
R&D (imported, foreign investment, internal
development)
Market (local, export)
Brand name (Domestic, international)
Capital
financial sector e.g., money market, capital market
foreign investment e.g., FDI portfolio investment)
Networking management
Internal (infrastructure, sectoral, provincial
External (e.g., WTO)
Economic advantages of China
Cost (production) management
Economies of scale
Market management
Domestic market
Export
Brand name promotion
Reduction of market costs
Financial management
Credit management
Capital from other sources
Innovation management
Information management
China demand
Energy
Basic commodities (Iron and steels,
nonmetallic commodities, other metallic
commodities, agricultural based commodities)
Petro Chemical based products (Raw
materials)
International transportation services
Other Raw materials
Demand bases in China
Young people - One child policy (little
emperors, high and dynamics, consumption
standards, demand for personal services,
globalizing consumption behaviors, rising
standard of living, information globalization)
Aging people - geriatric goods (Household,
foods etc.)
Chinas country specific advantages
Maximize production - Economies of scales
Least-cost production
Employment opportunity
Maximize sales
Business expansion (Economies of scales)
Business diversification (Economies of scope)
Business integration (Economies of speed, value added,
value creation)
Business networking (within China, Outside China, Modern
trade linkage)
Marketing management (Increase of market share, brand
building)
Japans business strategies
Production management > production differentiation
R&D investment
Economies of speed (networking, logistics)
Design (coping with market trends, leaders of market
trends)
Efficient management
Marketing management (Coping with market
,dynamism, Life style)
Moving to upper market levels
Maximize profit approach
Brand protection and promotion

Singapores Development Model
International ports
Intl trade center
Intl financial center
Aviation hub
Tourism
Health care
Energy hub (Ports, Refinery)
Future market
Education market
Education hub
Intl communication networks
Global citizen
Property fund hub
FTA hub
Dual track brand building: Chinas
experiences
Intl brand
Local brands
Advantage
Economies of scales
Two-tier market
Exports
Domestic market
Chinas outward direct investment
Chinas Government polities
Credit support to Chinese Investors e.g., SOEs,
Private companies, Credit supporting channels,
Outside china (using Bank of China As supporting
body)
Sectors to be supported for Oversea investment
(Pharmaceuticals, Electronics, Textiles and
garments, Food industry etc.)
Numbers of companies to be supported (1000
companies)
Major constraints of Thailand
investment in China
Short of qualified executive
Business network barriers
Volume of operations
Lack of R&D and technology
Gap of Business culture
Trading practice
Styles of marketing management
Credit system



ASEAN ASEAN
USA v.s. ASEAN


ASIA
Real-sector base
Strong supply base
Strong demand base
High capital absorptive capacity
Quick urbanization

Engine of growth
Re-matching of real&financail sectors
Expansion of middle class
Soft-sector development
Tourism
Logistics
Retail trade
Entertainment
Education
Health care
Sports
Food services







( )
( )

Global price war
Global job war




Factors determining economic
potential
Enabling business climate
Highly skilled workforce
Advanced infrastructure
Affluent consumers
Rule of Law