The Milken Institute announced its Global Opportunity Index (GOI), with Thailand in second place among the emerging and developing countries (E&D) in the Asia region.
The GOI index was designed by the Milken Institute to assist investors and policymakers around the world by providing key economic data and indicating views on investment attractiveness as well as the capital flow that flew into the countries.
The index is based on 100 indicators, which were classified into five categories: business perception, economic fundamentals, financial services, institutional framework, and international standards and policy.
The top 10 highest-ranked countries in E&D Asia (world-ranked 2024 in the bracket) included Malaysia (27th), Thailand (37th), China (39th), Indonesia (55th), Vietnam (65th), India (72nd), Mongolia (78th), Sri Lanka (82nd), the Philippines (91st), and Cambodia (93rd).
In addition, Singapore was ranked 14th in the 2024 GOI as it was included in the developed country category, while Japan stood at 16th.
E&D Asia attracted around 53.2% of the total capital flowing to E&D economies between 2018 and 2022.
Maggie Switek, a senior director in the Research Department of the Milken Institute, stated that though the developed countries outshined the E&D countries in terms of stability, investors who aimed for higher investment yields had shown interest in E&D.
The top 10 countries in the GOI 2024 Rankings were Denmark, Sweden, Finland, the United States, the United Kingdom, the Netherlands, Germany, Switzerland, Norway, and Ireland.
