Curriculum Thailand's Economy
Thailand's Economy
Southeast Asia's second-largest economy: an overview, rice exports and the pledging scheme, where the 1997 crisis began, tourism, universal health coverage, household debt, the middle-income trap, ageing, Chinese EV makers, the sufficiency economy, cannabis policy swings and ties with India.
- Thailand at a Glance An overview of Thailand's economy - manufacturing, tourism and agriculture - and its growth from a rice-exporting nation to an upper-middle-income country. 📄 Read-aloud
- Rice Exports and the Pledging Scheme How Thailand became a top rice exporter, and how the 2011-14 rice pledging scheme paid farmers above-market prices, piled up stocks and cost billions of dollars. 📄 Read-aloud
- Where the Asian Crisis Began: The Baht Float How Thailand's fixed exchange rate, foreign borrowing and property bubble led to the baht's collapse on 2 July 1997, triggering the Asian financial crisis. 📄 Read-aloud
- Tourism: Thailand's Golden Goose How tourism became a major share of Thailand's economy, the effects of the pandemic, and debates over visa-free entry and overtourism. 📄 Read-aloud
- The 30 Baht Scheme: Universal Health Coverage How Thailand achieved universal health coverage in 2002 with the 30 baht scheme, how it's financed, and its results for poor households. 📄 Read-aloud
- Household Debt in Thailand Why Thai household debt rose to around 90 percent of GDP, among the highest in Asia, and how it weighs on consumption and growth. 📄 Read-aloud
- Thailand's Economy: Checkpoint 1 Quick checkpoint - five questions on Thailand's economy, rice pledging, the 1997 crisis, tourism and health coverage. 5 questions
- Why Thailand's Growth Slowed What the middle-income trap idea says about why Thailand's growth slowed after reaching middle-income status, and what it would take to become a high-income country. 📄 Read-aloud
- Growing Old Before Growing Rich How Thailand became one of the fastest-ageing societies while still a middle-income country, and the pressures on pensions, care and the labour force. 📄 Read-aloud
- Chinese EV Makers in Thailand How Thailand, long dominated by Japanese carmakers, attracted Chinese EV firms like BYD with incentives, and the effects on its auto industry. 📄 Read-aloud
- The Sufficiency Economy Philosophy How the late King Bhumibol's "sufficiency economy" idea emphasised moderation, resilience and self-reliance after the 1997 crisis, and how it influenced Thai policy. 📄 Read-aloud
- Cannabis Liberalisation and Reversal How Thailand removed cannabis from its narcotics list in 2022, leading to thousands of shops, and then moved to restrict it again, showing the risks of unplanned liberalisation. 📄 Read-aloud
- Thailand, India and Lessons What Thailand teaches about pegs, health coverage, crop price support and the middle-income trap, its ties with India, and a recap of the module. 📄 Read-aloud