Record Details

Growth and Utilization of Labor in Thailand

Philippine Review of Economics

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Field Value
 
Title Growth and Utilization of Labor in Thailand
 
Creator Charnsupharindr, Pichai; Professor of Economics, Thammasat University
 
Subject
 
Description Against the impressive performance of the Thai economy and the average annual population growth of over 2.5 per cent per annum the past three decades, this paper looks into whether the economy has provided better job opportunities to the people. The focus of the discussion is the changes in the level of labor absorption of each sector of production in the Thai economy, including the factors which determine these changes. Such aspects as population growth, labor force participation, labor absorption by region, and educated unemployment are analyzed.Generally, the analysis shows that in spite of three decades of sustained growth, unemployment and underemployment are still major problems. Based on the findings, the paper recommends that the government undertake measures to reduce the population growth to less than 2 per cent per annum in the 1980s, to lessen income disparity between regions through industrial development in the rural areas, to enhance agricultural productivity, to promote industries which have a high employment absorption rate of income, and restructure the educational system to make it more responsive to labor demands.
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 1988-06-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/288
 
Source Philippine Review of Economics; Vol 25, No 1 & 2 (1988)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/288/412
 
Rights Copyright (c) 2017 Philippine Review of Economics