Posted: March 13th, 2023
Section 3 – Business Enabling Policies and Important Reforms (from 500 words up to 1500 words): Analyse and compare the business framework and recent reforms (if any) to stimulate investments in both countries.
(my part is only for Thailand)
Group Report Structure:
Section 1 – National Overview (from 500 words up to 1000 words): Analyse and compare the national performance through the main macroeconomic indicators. Students can provide the graphs and tables to support the analysis.
Section 2 – Monetary and Fiscal Policies (from 500 words up to 1500 words): Critically compare the main components of the public policy in both countries: • Monetary policy in the economies (interest rates, money supply, reserve requirements, exchange rates and their regimes) • Fiscal policy in the economies (general structure, overall tax burden, tax rates)
Section 3 – Business Enabling Policies and Important Reforms (from 500 words up to 1500 words): Analyse and compare the business framework and recent reforms (if any) to stimulate investments in both countries.
Section 4 – Conclusion (max 500 words) Answer the key study question. Provide final comments and recommendations.
Section 5 – References At least 10 credible resources (Harvard method of referencing). Format Style:
• Font size 12, Times New Roman • 1.5 spacing • Cover page with course title, instructor’s name, names and student numbers, assessment title, word count • Table of contents should be provided • All pages should be numbered • Need to use at least 10 different references. Suggested texts should not be the sole source of reference. References need to be credible. Ask if in doubt. • Use a spellchecker
My part is Section3, and the country is Thailand. Words count is around 600-700.
SOLUTION
Thailand has taken several steps in recent years to improve its business framework and stimulate investment in the country. The government has implemented various policies and reforms to make it easier for businesses to operate in Thailand and attract foreign investments. Some of the important reforms that have been implemented are as follows: Thailand 4.0: The Thailand 4.0 initiative was launched in 2016 to promote innovation and technology-driven industries in the country. The government is investing heavily in developing infrastructure, promoting research and development, and providing incentives to businesses that invest in these sectors. This initiative is aimed at transforming Thailand into a value-based, high-income economy.
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