Thailand - Basic economic report : toward a development strategy of full participation
Consulting Engineering Services Ltd., New Delhi | India International Infrastructure Engineers Ltd. | Scott Wilson | Project Co-ordinatingConsultancy Services (PCC)
Analysis of emerging and long-term economic trends in Thailand indicates that problems may arise in relation to the near exhaustion of opportunities for economic growth and to the issue of the extent to which different segments of the population will participate in and benefit from development. Development strategy should be based on continued expansion of agriculture through greater land intensity, accelerated growth of incomes in the poorest areas, a balanced and better dispersal pattern of industrial growth, and more equal access to economic and social services. Allowing all groups in the society to participate in future growth through raising agricultural productivity in all parts of the country, will enable the large number of unskilled workers to benefit from industrial expansion due to increased wages, as well as benefit farm households. Thailand has the potential of achieving rapid growth will all societal groups being brought into the mainstream of economic growth and change, and should not rely on a slow trickling down of benefits.
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