Friday, November 27, 2009

Thailand's relatively flexible labor

Thailand's relatively flexible labor regulations enhance overall employment and productivity growth. The non-salary cost of employing a worker is low, and dismissing a redundant employee is not burdensome. Regulations related to the number of work hours are quite flexible.
Corruption is perceived as significant. Thailand ranks 84th out of 179 countries in Transparency International's Corruption Perceptions Index for 2007, a steep drop from 2006. Allegations of customs irregularities continue. The lack of administrative transparency is attributable to Thailand's complex hierarchical system of laws and regulations. The government is trying to make the evaluation of bids and awarding of contracts more transparent. Convictions of public officials on corruption-related charges are rare.

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