[Cover Photo] Thailand Economic Monitor Thailand’s Pathway to Carbon Neutrality: The Role of Carbon Pricing Public Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorized Preface The Thailand Economic Monitor (TEM) reports on key developments in Thailand’s economy over the past six months, situates these changes in the context of global trends and Thailand’s longer-term economic trajectory, and updates Thailand’s economic and social welfare outlook. Each edition of the TEM also provides an in-depth examination of selected economic and policy issues and an analysis of Thailand’s medium-term development challenges. The TEM is intended for a wide audience, including policymakers, business leaders, financial-market participants, and the community of analysts and professionals engaged in Thailand’s evolving economy. The TEM is produced by the staff of the World Bank’s Bangkok office, consisting of Kiatipong Ariyapruchya, Hector Pollitt, Muthukumara S. Mani, Taisei Matsuki, Marco Forni (Task Team Leaders), Warunthorn Puthong, Thanapat Reungsri, Yus Medina Pakpahan, Nadia Belghith, Steven Pennings, Migle Petrauskaite, Daniel Mira-Salama, Ou Nie, Biying Zhu, Uzma Khalil, Georges Comair, Kwanpadh Suddhi-Dhamakit, Buntarika Sangarun and Parichart Atcharerk. Fabrizio Zarcone, Lars Christian Moller, Mona Sur and Gonzalo Varela provided overall guidance. The team is grateful to Ergys Islamaj, Yew Keat Chong, Gregor Semieniuk, Joseph Pryor, Marissa Santikarn, David Kaczan, Nate Vernon and Agustin Penaloza for their constructive peer review comments. Clarissa Crisostomo David, Kanitha Kongrukgreatiyos, and Piathida Poonprasit are responsible for external communications related to the TEM, as well as the production and design of this edition. The findings, interpretations, and conclusions expressed in this report do not necessarily reflect the views of the Executive Directors of the World Bank or the governments they represent. The latest data that inform this report date from November 6, 2023, and include data from authorities as well as World Bank staff calculations. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of the World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Photographs are copyright of World Bank. All rights reserved. This and other reports are available for download via: worldbank.org/tem Previous editions of the TEM: ▪ June 2023: Coping with floods and droughts ▪ December 2022: Fiscal policy for a resilient and equitable future ▪ June 2022: Building back greener: the circular economy ▪ December 2021: Living with COVID in a digital world ▪ July 2021: The road to recovery ▪ January 2021: Restoring incomes; recovering jobs ▪ July 2020: Thailand in the time of C...
