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
a range of historiographical debate on its validity and usefulness when used to explain British expansion in the nineteenth and early twentieth century. This essay acknowledges both sides of the argument, but will state that despite some historiographical debate on the contrary, the concept of ‘informal empire’ possesses more strengths than weaknesses when understanding British imperialism. This essay will disregard Platt and Lynn’s argument that Britain didn’t actually want an ‘informal empire’
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