Thailand has been lifted as the country economic growth by the World Bank, from the low-middle income countries where there is an upper-middle income countries.Medium-income trap refers to the phenomenon of the country that used to raise revenue from a poor country into a country of medium income, but since then economic growth back, slow down, there could not be a nation of high income advantage as caught in the trap that it can't be as developed countries. The Thailand trapped revenue has caused the production relies on cheap labor by a lack of innovation and to build cache dependency on importing foreign technology primarily allows the development of wireless performance 15. The years ahead Thailand will be lifted from the medium-income trap, if the growth rate of labor productivity increase.
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