THAILAND AT AT THE TURN OF CENTURY CENTURY 1.
Thailand Thailand,, for one, as a pillar pillar of of the fast!ro fast!ro"in! "in! Asian Asian re!io re!ion, n, has has #ade #ade s$re s$re and stead% strides o&er the %ears to ens$re its pla'e in the !lo(al 'o##$nit% ). A 'o$ntr 'o$ntr% % often often 'o#pa 'o#pare red d "ith "ith the *hil *hilipp ippine ines s for a s'or s'ore e of reas reasons ons,, Thailand, li+e li+e the *hilippines, *hilippines, is a nation nation of - #illion. #illion. It has an area area 1/,11 1/,11 s0. +#s. And eno%s a 'li#ate t%pi'al of 'o$ntries in the tropi's2 th$s, its3 traditional pro'li&it% pro'li&it% for a!rarian(ased e'ono#i' a'ti&it% /. Not "ith standin! standin! a shif shiftt fro# fro# a!ri' a!ri'$lt$ $lt$re re to #an$f #an$fa't$ a't$rin! rin!,, Thaila Thailand nd 'ontin$es to ed!e o$t its nei!h(ors in ter#s of national reso$r'es, "hat "ith the (o$nt% of its land and sea "hi'h has #ade it the "orld3s fore#ost e4porter of tapio'a and ri'e. In addition, it is also a leader in the prod$'tion prod$'tion of #ai5e, fro5en shri#p, 'anned pineapple, nat$ral r$((er and s$!ar 6. Ho"e&er, Ho"e&er, in the late 7-3s and 8-3s, 8-3s, Thailand Thailand restr$' restr$'t$r t$red ed its e'ono#% e'ono#% to adapt to the de#ands of an $r(ani5in! international 'o##$nit% . As a res$lt, res$lt, the share share of the a!ri'$lt a!ri'$lt$ral $ral se'tor se'tor in Thailand Thailand3s 3s national national in'o#e has de'lined fro# a hi!h of 6- per'ent in 18- to 19 per'ent d$rin! earl% 8-3s . Con'o#itan Con'o#itantl%, tl%, the #an$fa't$ #an$fa't$rin! rin! se'tor se'tor e4perie e4perien'ed n'ed stron! stron! !ro"th !ro"th , e4pandin! rapidl% in its share of the national in'o#e fro# 1/ per'ent in 18- to o&er /- per'ent per'ent in the 8-3s. :ith the the i#ple#entation of the ;rst ind$strial *ro#otion A't in 18- and &ario$s pro#otional pro!ra#s $nderta+en $nderta+en (% the o$theast Asian Nations ?A>EAN@ and in the ($r!eonin! Asian*a'i;' re!ion
1-. Thailand rides hi!h in this era of !ro"th and is "ell on its "a% to an a!e of prosperit% at the t$rn of the 'ent$r% 11. Fro# 18771881, Thailand3s !ro"th rate a&era!ed 1). per'ent, the hi!hest in the "orld. >in'e 188/ "hen its e'ono#% re(o$nded fro# a "orld"ide re'ession in the earl% 8-3s, the Thai e'ono#% has e4perien'ed stead% !ains re#inis'ent of the !ro"th patterns of de&eloped 'o$ntries in the :est.
