Chapter

Growth, Structural Change, and Inequality: The Experience of Thailand

Isra Sarntisart

in Inequality Growth and Poverty in an Era of Liberalization and Globalization

Published in print March 2004 | ISBN: 9780199271412
Published online August 2004 | e-ISBN: 9780191601255 | DOI: http://dx.doi.org/10.1093/0199271410.003.0016

Series: WIDER Studies in Development Economics

 Growth, Structural Change, and Inequality: The Experience of Thailand

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This is the last of five country case studies on income inequality, and looks at the case of Thailand. Following on from a number of other studies, the study attempts to re‐examine the relationships between economic growth, structural change, and income inequality in Thailand. After an introduction, the second section, Economic Growth and Structural Change, provides a broad picture of the Thai economy, and the third, Trends in Income Inequality, reviews studies on the changes in income inequality from the 1960s through to the beginning of the 1990s. The fourth section, Factors Related to Income Distribution, examines industrialization planning, industrial protection policies, regional income disparities, and the minimum wage bill over the past four decades. The fifth section, Analysis of Income Inequality in 1988, 1992, and 1996, presents an analysis income inequality in those years according to the subgroups and source decompositions of income; the final section summarizes.

Keywords: case studies; economic growth; income disparities; Income Distribution; income inequality; industrial protection policies; industrialization planning; inequality; minimum wage; protection policies; regional income disparities; structural change; Thailand

Chapter.  10460 words. 

Subjects: Economic Development and Growth

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