Thailand as a developing country
Thailand comes in the category of developing country. Most of the people in Thailand work in agricultural sector. Like most of people in countries that depend on agriculture for their economy, people of Thailand too are still uncertain about using latest technologies because of being ignorant of their usage. Where as, if we compare a country which is highly developed in agriculture sector, like Denmark, modern technology is a very important reason for their economic development and public prosperity. For this reason if Thailand wishes to be capable of participating in the global market, the most crucial factor is to expand and realize the implementation of technology as obligatory. Some other factors contributing to Thailand’s economy other than agriculture is its flourishing sea life which is valuable for the fishing business. Some invaluable things that are grown here are soybeans, rubber, rice, corn etc. The things that are man-made, most of the products are exported including garments, jewelry, computer technology, food processing, electric appliances, furniture etc.
Developing countries and their characteristics:
Developing countries normally have laws that are marked qualitatively and quantitatively in form of incomes, scarce accommodation, pitiable health, inadequate or no education, high infant death, small living and employment expectancy, and in many cases, a common sense of depression and misery. One very major cause for not being developed is because of having fairly low levels of labor efficiency which is productivity for a unit of labor. This is because of nonexistence or harsh need of complementary feature contribution such as corporal, wealth and knowledgeable administration to elevate manual labor efficiency, requiring a necessity to assemble funds and overseas investment in order to produce novel finances in material capital merchandise, and at the same time, put together a supply of human capital by investing in teaching and exercise. Another cause here is a soaring rate of population expansion and reliance liability. More or less every single under developed or developing country faces this issue of large population growth and a lower in death rate as compared to a few years ago, due to better sanitation and also due to improvement in medical solution to very common diseases and infections causing death potential. Developing countries also have to deal with the problem of shorter life expectancy, normally of 51 years, which is extremely low as compared to in developed countries, meaning that a minor portion of their people are available as an useful labor strength. Developed countries extensively depend on undeveloped manufacture and export of chief products. Larger portion of population in developing countries subsist and work in countryside. The essential grounds for the concentration of people are fundamental requirements of survival, which are food, clothing and shelter. Agriculture yield is little because of prehistoric machinery, deprived union and imperfect physical and person assets input. Some other characteristics of developing countries include control, reliance and susceptibility with foreign countries, joblessness and twofold economy and Industrial backwardness (David Hilling,Pg 89)
What made Thailand a developing country?
The biggest difficulty for developing countries is absence of citizens who have awareness of information technology and for this reason; Thai government is speeding up the process of developing their people. Many activities are in development for high-quality people like giving scholarship, educating people on farming and using of new technologies. Thailand’s economy started going down in late twentieth century. What exactly made Thailand a developing country revolves around three separate sources. First reason was natural resource. The country was affluent in a number of fields, including wood, valuable stones and marine life. Second reason was sightseeing. Tourists were driven by Thailand’s finest beaches and friendliest people. And the last reason was Japan. In the late twentieth century, Japan’s growing trade shortfall America made it compulsory for to move production offshore. A great deal of Japan’s industrial money drifted south towards Thailand. And after that Thailand’s blending of elevated interest rates and lowered labor costs made it an attraction for foreign investment.
Does culture matter:
Thailand culture is greatly influenced by Buddhism. People from Thailand have a thorough social and cultural convention. There are quite a few aspects playing a part in the economy of Thailand. Among them, a major role is played by tourism. Even thought it not an exclusive income producing sector, still Thailand has more than a few bankable natural resources. What exactly does the word culture means? It may be the clothing or food style or literature and art and entertainment. But for the purpose of human progress, culture is principles, attitude, and manners that people affiliated with a single culture share which are primarily shaped by surroundings, faith, and history that is passed on through practices from generation to generation. Culture is strongly manipulated by religion. How does culture help in human progress. The secret of that is to successfully create or maintain a worldwide development Culture, because that supports people belief that they have a control over own destinies. Now the question is how culture puts a shadow over human development. The answer is, the kind of culture that development-opposing Cultures. Certain cultures do not however put forward a productive position in which autonomy can flourish; such societies can never evolve until and unless they alter their culture. The evolution of societies is greatly influenced by cultural standards, thinking, and attitudes. This control of cultural values is not only vital to the target of plummeting poverty and unfairness but it is also a very important factor in foreign policy, with particular significance to the American administration’s root strategy of promoting democratic system (Harrison Lawrence, 23)
The war on poverty has been going on for years and years in poor countries of Asia, Africa and Latin causing distress and aggravation as the poverty is still very persistent. The War on Poverty in US has made some improvement over half a century, but still it is not completely eradicated as most of Hispanic-Americans and African-Americans are underneath the poverty line. What elucidates the perseverance of poverty? All The predictable verdicts but have proved inadequate. The decisive element will remain cultural values and basic approach that position itself between progress and poverty. In many of these underdeveloped countries, their accomplishments are restated when their people move to other countries
Harrison, Lawrence and Huntington, Samuel. Culture Matters: How Values Shape Human Progress. Published by Powell’s Books (2000) Pp 23
Cooper, Robert and Cooper, Nanthapa. Cultural Shock: Thailand. Published by Co Page (2005)
David Hilling, Transport and developing countries. Published by Routledge, (1996) Pp 89