Southeast Asia’s OECD hopefuls: Why Thailand and Indonesia are chasing entry to ‘rich countries’ club’

Thailand and Indonesia are vying to join the Organisation for Economic Co-operation and Development (OECD), signaling a push for higher global standards to boost their economic credibility, attract more investment, and implement domestic reforms. This bid reflects their ambition to align with the practices of developed nations, which could significantly enhance their economic prospects and governance. The move underscores the broader trend of Southeast Asian countries striving to modernize and elevate their economic status on the global stage.