Economic Development in Thailand from 1945 to 1997: Perspective of Labour-Intensive Industrialization 1. Introduction Despite being one of the biggest exporters of some agricultural products such as like rubber and rice, present-days Thailand is the industrial-driven economy. According to the World Bank’s statistics (2015), during 2010-2014, Thailand’s manufacturing sector contributed around 36-40 percent to total GDP (Gross Domestic Products), while Thai agricultural sector possessed about 10 percent
Neo-liberalism is not really new at all. It is premised on the nineteenth-century liberal belief that unregulated markets, rather than the state or public institutions, will produce all of the social or public goods we need. This Neo-liberal ideology was grounded in the 'classical liberal tradition', which was primarily hailed
higher education gross enrolment ratio GER is more than 20 percent. The Higher education system has seen a steep growth in terms of quality, infrastructure, and implementation. It is the factor, which played a vital role in the globalization, industrialization, information technology etc. Higher education sector is the fastest developing sector in India and it requires financial support from both government and private players due to its huge budget requirement. The investment requirement in this sector