PVE index

In last January, the committee members of the Wisdom Council Thailand completed a survey on PVE index. The survey structure of PVE index was consisted of three different parts which were contribution to economic growth, social responsibility and private institution.
From the survey of 1,227 Thai citizens and the interview of 200 entrepreneurs about the effectiveness of the private sector; the survey suggested that Thai citizens gave private effectiveness only a passing level with the 61% for the overall.
By considering each indicator, it revealed that - private sector helps in increasing economic growth due to its expert and specialization in doing business. Indicators related to contribution to economic growth got the highest score of 62.4% compare to social responsibility and private institution which got score of 61% and 59% respectively.