Thailand has come a long way and represents an impressive development story: it has drastically reduced the number of poor people from nearly 70% of the population in 1986 to 11% in 2013.
Thailand’s economy grew at an average annual rate of 7.5% in the late 1980s and early 1990s, creating jobs that helped pull millions of people out of poverty.
However, challenges remain as there are still 11% – 7 million – of the population living below the poverty line, and another 7 million or so who remain highly vulnerable to falling back into poverty. Although inequality has declined over the past 30 years, the distribution in Thailand remains unequal compared with many countries in East Asia.
Significant and growing disparities in household income and consumption can be seen across and within regions of Thailand, with pockets of poverty remaining in the Northeast, North, and Deep South.
Today, the Thai economy faces headwinds, and growth has been modest. Export competitiveness is sliding, and a severe drought is expected to weigh on off-season rice production.
Poverty is expected to continue to fall at a slower rate, with poor households concentrated in rural areas affected by falling agricultural prices. The country is now at a critical time since the new draft constitution won approval by a majority.
Differences between rural and urban youth
In Bangkok: Living in the capital city, a majority of youth hope, first and foremost, to see true reconciliation across social and political divisions. Seeing their conviction for significant change and that the country and its people will be stronger together was incredibly inspirational.
“I hope Thai people think logically and listen to each other’s opinions to create a peaceful and united country.”
In Pattani and Udon Thani: What is common for young people from both these areas is the call for quality education. This issue is at the top of their lists as they believe it can help pave the way for the country to achieve many development goals. For the northeastern region, increasing agricultural productivity and incomes is also another major priority for them.
“I hope the quality of education will be improved across the country to close the inequality gap between urban and rural areas.”
“I hope farmers will earn more and that their incomes will be more stable.”
In Chiang Mai: For the youth in the northern region, having an effective law and justice system resonated with them the most. They hope that everyone can face trial fairly under the same law no matter whether they are rich or poor. Additionally, ensuring economic prosperity by creating a business friendly environment was also a priority for many of the Thai youth.
“I want to see real justice in the society where people are treated by the law equally whether they are rich or poor”
“I hope the Thai economy will be more stable and sustainable”
In a nutshell, the youth in Thailand want a world free of poverty where people are equal, educated, and have the same opportunity to succeed in life. Beyond the ‘Wall of Hope’, Thailand still has a long way to go and can surely end poverty and boost shared prosperity for all citizens as long as our youth can thrive as an individual, as a community, and as one nation.
If you are a Thai youth out there, your voice matters. Share with us what you hope for your country in the comment section below.
3 ways Asia can recover from the COVID-19 pandemic faster
Countries in the East Asia and Pacific region will benefit from cooperation in three major areas: vaccine deployment, reviving sectors of the regional economy, and building on their close integration into global value chains
Thailand’s Vaccine Strategy: What went wrong?
Questions are being asked, and not answered, over the decision to rely almost entirely on Siam Bioscience, a local, palace-owned company with no experience of making vaccines, for the country’s vaccine needs, until an unseemly scramble began this year to procure alternatives.
Last year Thailand won worldwide praise for its effective measures to contain COVID-19. This year the government is facing growing public outrage over the failure to control new covid outbreaks, and the slow acquisition of vaccines.(more…)
Can border reopening revive tourism in South-East Asia?
In Thailand, where pre-pandemic tourism accounted for 11-12% of GDP, the country lost an estimated $50bn last year as Covid-19...
Thailand dropped from UK’s tough covid-19 travel ‘red list’
Earlier, Thailand was listed among countries with high infection levels that were put on a ‘red list’, requiring arrivals to...
The ASEAN-Russia Trade and Investment Cooperation Work Program
ASEAN and Russia recently agreed to enhance and widen economic cooperation at the 10th ASEAN Economic Ministers (AEM)-Russia Consultations held...
Flexible Workspace Startup Worklounge Debuts with 20+ Luxury Member Lounges in Thailand
Worklounge launches a premium membership granting remote professionals and executives access to exclusive hotel lounges across Thailand. Their platform is...
5 insights to guide ASEAN’s digital generation in a post-pandemic world
We surveyed 86,000 people from six ASEAN countries about their views for a post-pandemic world. The ASEAN Digital Generation Report...