Abstract
Since 1960 Thailand has had a remarkable record of high growth. During the 1960s the average growth rate of GDP was around 8 percent per annum. In the following decade it slowed to about 6.7 per cent. During the early 1980s, despite the international recession experienced by many countries, Thailand registered growth rates of around 3–7 percent, with even higher rates towards the end of the decade. On average the growth rate during 1980–1990 was around 7.8 per cent per annum.
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© 1995 Medhi Krongkaew
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Tinakorn, P. (1995). Industrialization and Welfare: How Poverty and Income Distribution are Affected. In: Krongkaew, M. (eds) Thailand’s Industrialization and its Consequences. Studies in the Economies of East and South-East Asia. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23909-2_11
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DOI: https://doi.org/10.1007/978-1-349-23909-2_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-23911-5
Online ISBN: 978-1-349-23909-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)