Thailand Foreign Direct Investment to CLMV Countries: Macro Economics Approach

• Chemsripong, Sujinda ^[1]
  1. [1] Naresuan University

     Naresuan University

     Tailandia

     
• Localización: Estudios de economía aplicada, ISSN 1133-3197, ISSN-e 1697-5731, Vol. 39, Nº 4, 2021 (Ejemplar dedicado a: Managing Economic growth in post COVID era: Obstacles and prospects)
• Idioma: inglés
• Enlaces
  • Texto completo
• Resumen

  • Thailand FDI allows countries to enter new markets through imports of goods at lower prices and access to foreign technology because FDI strengthens the economy and increases competition in the era of globalization. Therefore, concerning economic development and regional issues in the context of developing countries Thailand is one of the emergings. Identifying the key factors involved in TFDI is critical for sustainable growth. This study focuses on the factors that define TFDI to CLMV countries using macroeconomic analysis. Quantitative analysis using multiple regression equations on 15-year time series data, during 2005-2019.  The results showed that GDP factors, foreign exchange rates, inflation, the proportion of working-age workers to the country's population, and international cooperation are the major driver of Thailand's outward FDI investment.