Reinvigorating Thailand’s Structural Transformation: Thailand

This paper reviews Thailand’s progress in structural transformation and its recent slowdown. It examines the empirical drivers of structural transformation and quantifies their contributions, with the objective of informing policies to reinvigorate the process.
Volume/Issue: Volume 2026 Issue 012
Publication date: February 2026
ISBN: 9798229039246
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Finance , Labor , Economics- Macroeconomics , Structural transformation , Sectoral labor reallocation , Labor productivity , IMF country , issues paper , IMF staff , Seunghwan Kim , employment share , Productivity , Employment , Global , East Asia

Summary

This paper reviews Thailand’s progress in structural transformation and its recent slowdown. It examines the empirical drivers of structural transformation and quantifies their contributions, with the objective of informing policies to reinvigorate the process.