* SUMMARY

Better Governance for Inclusive Growth: ASIAN Perspectives

Background
Thailand faces continual changes in political, economic and social conditions at a global level. In the recent past, the movement of capital, labor goods and services have become more liberalized as a result of borderless globalization. While some economies such as China, India, Brazil and Russia have experienced rapid economic growth, others including Thailand, are progressing towards a diversion of economic change resulting instead in increased competition and pressure. Concurrently, the ongoing energy crisis, and in particular the continual rise in oil prices, has affected the global economy, to the extent of giving rise to recent international armed conflicts. In addition to the adverse effects of globalization and economic development are environmental problems and climate changes which stem from the rapid use and subsequent depletion of natural resources and the consequent emission of carbon monoxide.