Social Education In Thailand

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Education in Thailand In Thailand, the literacy rate from 2008 to 2012 measured 98.2 percent and 97.9 percent for both male and females respectively of the population. Literacy rate is measured through the percentage of the population age 15 years and above, who is has the capacity to understand, read and write short statement of their daily life. Education in Thailand can be branched out into two forms which are the formal and informal education. Under formal education, children are taught in a classroom. Whereas, informal education however, is usually held outside the classroom compounds like museums, TV programs, special radio programs and libraries. Regardless of that, most students have access to formal education systems in the country.…show more content…
In less than a generation, Thailand has shown remarkable progress in social and economy issues despite the recent political conflicts. As World Bank has stated “As such, Thailand has been one of the widely cited development success stories, with sustained strong growth and impressive poverty reduction, particularly in the 1980s.” (World Bank, 2014). Although this may be true, one challenge that is still persistent in Thailand is that income inequality remains high where almost 40 percent (40 %) consumption inequality is measured by international…show more content…
Both of these factors depend on one another and it affects business. With better educated people in Thailand, the country is able to lead to higher productivity alongside better business opportunities, offering better comparative advantage. Assessing the Political-Legal Environment Firstly, before is able Forty Licks to expand their business globally to Thailand and penetrate into their market, the company must study and understand the influence of their government and regulations. This is highly emphasized because it can cause great impact on a business and cost the business loss. By knowing the regulations enabled and restrictions by the government, it makes the planning more easier to expand business in Thailand. Business regulations in Thailand In 2012, a report from International Finance Corporation (IFC) and the World Bank reports that Thailand provides one of the world’s most business-friendly regulations to entrepreneurs to conduct business. Starting a business has been made easier and convenient now by allowing the registrar at the Department of Business Development to receive the company’s work regulations. This is evident though the decrease in the number of procedures needed to register a company in

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