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Wednesday, May 1, 2024

Bangkok Post – Thailand begins OECD membership process

Prommin Lertsuridej, secretary-general to the prime minister

Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.

However, some international economists have warned that joining the affluent club of countries may bring more drawbacks than benefits.

The OECD was founded in 1961 by developed countries. Fifty years on, its membership has expanded geographically to include Latin America, Asia and the Pacific.

There are only two…

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