3 1-1 GDP GDP growth rate Population size Labor force Labor participation rate Employed population

Size: px
Start display at page:

Download "3 1-1 GDP GDP growth rate Population size Labor force Labor participation rate Employed population"

Transcription

1

2

3 INDEX Overview: Thailand 2 1 Economy GDP GDP growth rate 5 2 Population Population size 6 3 Labor force and the related statistics Labor force Labor participation rate Employed population Percentage of employed population by industry Employed population in formal and informal sectors Unemployed population, unemployment rate 21 4 Wages Monthly wages (average) 23 5 Hours worked Hours worked 26 About this document 29 About the information compiled in this document 29 Contact information regarding this document 29 Company profile 30 About PERSOL Research and Consulting 30 About PERSOLKELLY Consulting 30

4 Overview: Thailand Thailand is located in Southeast Asia, bordering Malaysia to the south and Cambodia, Laos, and Myanmar in the north. It measures approximately 510 thousand km, about 1.4 times the size of Japan. Its GDP was trillion baht in 2015 (399.2 billion USD) and has exhibited a high rate of growth. Its population was approximately million in 2015 and is on the rise, with a growth rate of about 0.5%. Furthermore, Thailand s labor force stands at approximately million; its employed population totals about million. The labor participation rate in 2015 was 78.6% for men and 62.1% for women, suggesting that many women are becoming breadwinners. Wages are on the rise overall. Average wages are higher in the government sector (19,770 baht in 2015) than in the private sector (12,088 baht in 2015). There are also huge disparities in wages by industry, with agriculture, fishing, and forestry, the industry that employs the greatest percentage of Thailand s workers, paying the lowest average monthly wages at 5,757 baht (in 2015). Geographically, wages are demonstrably higher in Thailand s capital of Bangkok than in other regions while the average wage in some industries is high such as Scientific and Technique (29,014 Baht) and Information and Communication industries (23,247 Baht), *GDP means nominal GDP. *Numbers of total GDP in USD are from data of the World Bank. *Currency exchange rate: 1USD=33.28 baht (as of August 1, Source: IMF Exchange Rate Archives by Month) In 2015, Thailand s economy posted a real GDP growth rate of 2.8%, continuing a gentle recovery. Consumption continued a trend of growth, but was not strong enough to buoy the consumption of durable goods such as automobiles. Exports also experienced a severe slump due to a decelerating world economy and decrease in the cost of petroleum. Perceiving slowing growth as an impending crisis, the Thai government has hammered out a rapid succession of new organizations and systems to promote and attract investment in high value-added industries and has taken a clear stance emphasizing investment in continuous growth. It is also pursuing initiatives to improve the business environment and respond to the demands of private enterprise. On the other hand, the number of businesses expanding into Thailand is increasing, and the country is gradually becoming a competitive market for Japanese companies active abroad. Source:2016 JETRO Global Trade and Investment Report(Chapter 2: Classification by Country & Region), Japan External Trade Organization (JETRO), Overview: Thailand 2

5 1 Economy In a continuing growth trend, Thailand s total GDP has increased year-over-year from trillion bahtin 2010 to trillion baht in Viewing GDP by industry reveals that the manufacturing industry accounts for the largest percentage at trillion baht, followed by the wholesale and retail trades and the repair of automobiles, motorcycles, and household goods at trillion baht and the agriculture, hunting, and forestry industry at baht. Thailand s GDP growth rate has fluctuated wildly, posting a high 11.9% in 2010, but sinking to 4.6% in It then rocketed to 9.3% in 2012, only to plummet in the following year, hitting 1.8% in In 2015, it once again rose to 3.1%. *GDP means nominal GDP. 1-1 GDP 1 Economy 3

6 1 Economy 4

7 1-2 GDP growth rate 1 Economy 5

8 2 Population Thailand s population rose year-over-year from approximately million in 2010 to approximately million in The annual population growth rate hovered at 0.5%. Examining the population by gender, women outnumber men by approximately 1.00 million. When classified by age, it is clear that the younger cohort is marginally on the decline, but the population 60 years and older is experiencing slight growth. There have been almost no shifts over the years in population by region. The northeast part of the country is home to the largest portion of the population. 2-1 Population size 2 Population 6

9 2 Population 7

10 2 Population 8

11 3 Labor force and the related statistics Thailand s labor force numbers approximately million; its employed population totals about million. The labor participation rate is a high 70.1%, but it is experiencing a slight decline. The decrease is particularly strong in the northern and northeast regions of the country. The labor participation rate among males is 78.6% and 62.1% among females. When classified by educational background, the largest percentage of the labor force consists of graduates from elementary school, at approximately 8.48 million, followed by those who have not completed elementary school, at approximately 8.33 million. Approximately 7.80 million have completed higher education or above (2015 statistics). Examining Thailand s employed population by industry, the largest cohort is engaged in agriculture, forestry, and fishing at about million, followed by manufacturing at about 6.36 million. When classified by occupation, agriculture, forestry, and fishing accounts for the largest cohort of the employed population. Among both men and women, the private sector employs the largest percentage of the employed population, followed by self-employment. The unemployment rate remained at low levels under 1.0% from 2011 to 2015, with the unemployed population totaling about 360 thousand. The unemployment rate was high in the northern section of the country from 2013 to 2014, but went on the decline in By educational background, the unemployment rate is highest among those who have graduated from higher education, with an unemployment rate of 1.8% in Labor force and the related statistics 9

12 3-1 Labor force 3 Labor force and the related statistics 10

13 3 Labor force and the related statistics 11

14 3-2 Labor participation rate 3 Labor force and the related statistics 12

15 3-3 Employed population 3 Labor force and the related statistics 13

16 3 Labor force and the related statistics 14

17 3 Labor force and the related statistics 15

18 3-4 Percentage of employed population by industry 3 Labor force and the related statistics 16

19 3 Labor force and the related statistics 17

20 3 Labor force and the related statistics 18

21 3-5 Employed population in formal and informal sectors Formal indicates an individual working in a formal sector covered by the Labor Protection Act. On the other hand, informal indicates an individual working in an informal sector, such as agriculture, forestry, and fishing or self-employment, which is not covered by the Labor Protection Act. 3 Labor force and the related statistics 19

22 3 Labor force and the related statistics 20

23 3-6 Unemployed population, unemployment rate 3 Labor force and the related statistics 21

24 3 Labor force and the related statistics 22

25 4 Wages Average wages for those employed in both the government and private sectors are increasing year-over-year. Average monthly wages are higher with government agencies, averaging 19,770 baht in 2015 compared to 12,088 baht in the private sector. When classified by region, average monthly wages among those employed in the government sector are higher in Bangkok (24,428 baht in 2015) than in other regions. Private sector wages also tend to be higher in Bangkok (average of 18,941 baht in 2015) than elsewhere. The disparity in wages between industries is large, with 2015 wages highest on average with extraterritorial agencies, followed by the mining and quarrying industry. On the other hand, average wages were lowest in the agriculture, forestry, and fishing industry, followed by domestic work. 4-1 Monthly wages (average) 4 Wages 23

26 4 Wages 24

27 4 Wages 25

28 5 Hours worked Weekly working hours in Thailand overall averaged hours in 2015: men worked hours, while women worked hours. The disparity between industries is large, with administrative services and support averaging the longest weekly working hours at and education averaging the shortest at Classifying the employed population by the number of working hours reveals that the percentage of the employed population working 50 hours or more per week is on the decline year-over-year; on the other hand, those working 40 to 49 hours per week (the largest cohort of the employed population) is increasing year-over-year. 5-1 Hours worked 5 Hours worked 26

29 5 Hours worked 27

30 5 Hours worked 28

31 About this document About the information compiled in this document The various data and commentary presented in this document has been compiled and written by the Persol Research & Consulting Co., based on information released at the time of this document s creation; its accuracy and completeness are not guaranteed. In addition, the Persol Research & Consulting Co. bears absolutely no responsibility for any damages incurred as a result of the use of the information in this document. Contact information regarding this document Persol Research & Consulting Co., Think Tank Headquarters Overseen by the Persol HR Data Bank, APAC thinktank-rc@persol.co.jp Tel.: About this document 29

32 Company profile About PERSOL Research and Consulting PERSOL Research and Consulting is the PERSOL Group s think tank and consulting firm. Through surveys and research, we uncover and clarify issues surrounding people and organizations in areas such as labor markets, human resources development, new forms of employment, and working styles. We also work to investigate and present solutions. We provide solutions in areas including organizational and personnel consulting, people analytics, assessments, talent management systems, human resources development, and employee training, based on the knowledge built up through our survey and research activities. We link these surveys, research, and solutions organically to help solve the various problems that arise in society and corporations. About PERSOLKELLY Consulting PERSOLKELLY Consulting aspires to be a leading global human resource consulting and professional services organisation committed to shape the future workforce by empowering individuals, organisations and societies. To further align the corporate brand strategy, PERSOLKELLY Consulting is a rebrand of BTI Consultants in Asia and Intelligence SMC in Hong Kong. These brands combine their vast experiences and knowledge in innovative talent development, HR & Management advisory, organisational effectiveness and insights-driven HR solutions to achieve optimal results for their clients in the regions. Today, PERSOLKELLY Consulting is represented in 6 countries, including Hong Kong, India, Indonesia, Malaysia, Singapore and China (operating under Intelligence Anchor Consulting). It is also in active collaboration with PERSOL Research and Consulting in Japan. PERSOLKELLY Consulting is an entity within the PERSOLKELLY company, a joint venture between PERSOL Group, and Kelly Services, Inc, forming one of the largest recruitment companies in Asia Pacific. Company profile 30

3 1-1 GDP GDP growth rate Population size Labor force Percentage distribution of labor force by ethnic group

3 1-1 GDP GDP growth rate Population size Labor force Percentage distribution of labor force by ethnic group INDEX Overview: Malaysia 2 1 Economy 3 1-1 GDP 3 1-2 GDP growth rate 5 2 Population 6 2-1 Population size 6 3 Labor force and the related statistics 9 3-1 Labor force 10 3-2 Percentage distribution of

More information

Online Appendices for Moving to Opportunity

Online Appendices for Moving to Opportunity Online Appendices for Moving to Opportunity Chapter 2 A. Labor mobility costs Table 1: Domestic labor mobility costs with standard errors: 10 sectors Lao PDR Indonesia Vietnam Philippines Agriculture,

More information

FY 2005 Liaison Meeting - JILPT International Labor Information Project

FY 2005 Liaison Meeting - JILPT International Labor Information Project FY 2005 Liaison Meeting - JILPT International Labor Information Project November 7-10, 2005 Tokyo, Japan Policies and Systems for Foreign Workers in Asian Countries: With a Special Reference To The Thai

More information

Decent Work for All ASIAN DECENT WORK DECADE

Decent Work for All ASIAN DECENT WORK DECADE Tourism and employment in Asia: Challenges and opportunities in the context of the economic crisis Guy Thijs Deputy Regional Director ILO Regional Office for Asia and the Pacific Decent Work for All ASIAN

More information

Chapter 5: Internationalization & Industrialization

Chapter 5: Internationalization & Industrialization Chapter 5: Internationalization & Industrialization Chapter 5: Internationalization & Industrialization... 1 5.1 THEORY OF INVESTMENT... 4 5.2 AN OPEN ECONOMY: IMPORT-EXPORT-LED GROWTH MODEL... 6 5.3 FOREIGN

More information

Charting South Korea s Economy, 1H 2017

Charting South Korea s Economy, 1H 2017 Charting South Korea s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published

More information

Labor Force Structure Change and Thai Labor Market,

Labor Force Structure Change and Thai Labor Market, Labor Force Structure Change and Thai Labor Market, 1990-2008 Chairat Aemkulwat * Chulalongkorn University Abstract: The paper analyzes labor force transformation over 1990-2008 in terms of changes in

More information

Deployment of women migrant workers from selected ASEAN Member States,

Deployment of women migrant workers from selected ASEAN Member States, Deployment of women migrant workers from selected ASEAN Member States, -14 The International Labour Migration Statistics (ILMS) Database for ASEAN Tripartite Action for the Protection and Promotion of

More information

Goal 3: Promote Gender Equality and Empower Women

Goal 3: Promote Gender Equality and Empower Women 98 Gender equality in primary school enrollment is high, with most economies having ratios of or more. This is also the case for gender equality in secondary school enrollment, but not so for tertiary

More information

Summary of the Results

Summary of the Results Summary of the Results CHAPTER I: SIZE AND GEOGRAPHICAL DISTRIBUTION OF THE POPULATION 1. Trends in the Population of Japan The population of Japan is 127.77 million. It increased by 0.7% over the five-year

More information

ASEAN: THE AEC IS HERE, FINALLY 2030: NOMINAL GDP USD TRILLION US CHINA EURO AREA ASEAN JAPAN UK $20.8 $34.6 IN IN

ASEAN: THE AEC IS HERE, FINALLY 2030: NOMINAL GDP USD TRILLION US CHINA EURO AREA ASEAN JAPAN UK $20.8 $34.6 IN IN 14: NOMINAL GDP USD TRILLION US EURO AREA CHINA JAPAN UK $2.9 $4.6 : THE AEC IS HERE, FINALLY $1.4 $13.4 $17.4 3: NOMINAL GDP USD TRILLION US CHINA EURO AREA JAPAN UK $6.8 $6.4 $8.5 $.8 $34.6 $33.6 $2.5

More information

China ASEAN Relations: Opportunities and Challenges for Development

China ASEAN Relations: Opportunities and Challenges for Development Rising Powers Workshop 1 Beijing, 15-16 July 2010 China ASEAN Relations: Opportunities and Challenges for Development Prof. Dr. Dang Nguyen Anh Vietnam Academy of Social Sciences (VASS) ASEAN The Association

More information

Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says

Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says Strictly embargoed until 14 March 2013, 12:00 PM EDT (New York), 4:00 PM GMT (London) Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says 2013 Human Development Report says

More information

Charting Singapore s Economy, 1H 2017

Charting Singapore s Economy, 1H 2017 Charting Singapore s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published

More information

Case Study on Youth Issues: Philippines

Case Study on Youth Issues: Philippines Case Study on Youth Issues: Philippines Introduction The Philippines has one of the largest populations of the ASEAN member states, with 105 million inhabitants, surpassed only by Indonesia. It also has

More information

Charting Indonesia s Economy, 1H 2017

Charting Indonesia s Economy, 1H 2017 Charting Indonesia s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published

More information

Foreign workers in the Korean labour market: current status and policy issues

Foreign workers in the Korean labour market: current status and policy issues Foreign workers in the Korean labour market: current status and policy issues Seung-Cheol Jeon 1 Abstract The number of foreign workers in Korea is growing rapidly, increasing from 1.1 million in 2012

More information

Labour Force Structure. Employment. Unemployment. Outside Labour Force Population and Economic Dependency Ratio

Labour Force Structure. Employment. Unemployment. Outside Labour Force Population and Economic Dependency Ratio 210 Statistical Yearbook of Abu Dhabi 2016 Labour Force. 5 Labour Force Structure Employment Unemployment Outside Labour Force Population and Economic Dependency Ratio Statistical Yearbook of Abu Dhabi

More information

THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement

THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement March 2016 Contents 1. Objectives of the Engagement 2. Systematic Country Diagnostic (SCD) 3. Country Context 4. Growth Story 5. Poverty Story 6.

More information

Charting Cambodia s Economy

Charting Cambodia s Economy Charting Cambodia s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

LABOUR AND EMPLOYMENT

LABOUR AND EMPLOYMENT 5 LABOUR AND EMPLOYMENT The labour force constitutes a key resource that is vital in the growth and development of countries. An overarching principle that guides interventions affecting the sector aims

More information

Pakistan 2.5 Europe 11.5 Bangladesh 2.0 Japan 1.8 Philippines 1.3 Viet Nam 1.2 Thailand 1.0

Pakistan 2.5 Europe 11.5 Bangladesh 2.0 Japan 1.8 Philippines 1.3 Viet Nam 1.2 Thailand 1.0 173 People Snapshots Asia and the Pacific accounts for nearly 55% of global population and 6 of the world s 10 most populous economies. The region s population is forecast to grow by almost 1 billion by

More information

Post-Secondary Education, Training and Labour September Profile of the New Brunswick Labour Force

Post-Secondary Education, Training and Labour September Profile of the New Brunswick Labour Force Post-Secondary Education, Training and Labour September 2018 Profile of the New Brunswick Labour Force Contents Population Trends... 2 Key Labour Force Statistics... 5 New Brunswick Overview... 5 Sub-Regional

More information

The term developing countries does not have a precise definition, but it is a name given to many low and middle income countries.

The term developing countries does not have a precise definition, but it is a name given to many low and middle income countries. Trade Policy in Developing Countries KOM, Chap 11 Introduction Import substituting industrialization Trade liberalization since 1985 Export oriented industrialization Industrial policies in East Asia The

More information

Other End Use Market Segment Outlook Rubber Gloves

Other End Use Market Segment Outlook Rubber Gloves 4/23/217 Other End Use Market Segment Outlook Rubber Gloves IISRP AGM 217 Taipei, Taiwan No Dock Moung Senior Consultant ICIS Analytics & Consulting ICIS is part of RELX Group RELX is the world-leading

More information

Proliferation of FTAs in East Asia

Proliferation of FTAs in East Asia Proliferation of FTAs in East Asia Shujiro URATA Waseda University and RIETI April 8, 2005 Contents I. Introduction II. Regionalization in East Asia III. Recent Surge of FTAs in East Asia IV. The Factors

More information

Cambodia s Economy, Sectoral Outlook, Employment, and Skills

Cambodia s Economy, Sectoral Outlook, Employment, and Skills Cambodia s Economy, Sectoral Outlook, Employment, and Skills Chab Dai Bi-Annual Member Meeting 23 November 2017 Emerging Markets Consulting This presentation will cover the following topics: Contents Economic

More information

Population and Dwelling Counts

Population and Dwelling Counts Release 1 Population and Dwelling Counts Population Counts Quick Facts In 2016, Conception Bay South had a population of 26,199, representing a percentage change of 5.4% from 2011. This compares to the

More information

Trade, informality and jobs. Kee Beom Kim ILO Regional Office for Asia and the Pacific

Trade, informality and jobs. Kee Beom Kim ILO Regional Office for Asia and the Pacific Trade, informality and jobs Kee Beom Kim ILO Regional Office for Asia and the Pacific Decent Work for All ASIAN DECENT WORK DECADE 2006-2015 Outline Introduction: Linkage between trade, jobs and informality

More information

Prospects for future economic cooperation between China and Belt & Road countries

Prospects for future economic cooperation between China and Belt & Road countries www.pwccn.com Prospects for future economic cooperation between China and Belt & Road countries Top ten Belt & Road (B&R) economies account for 64% of overall GDP of B&R countries Content 1 Overview of

More information

AsianBondsOnline WEEKLY DEBT HIGHLIGHTS

AsianBondsOnline WEEKLY DEBT HIGHLIGHTS AsianBondsOnline WEEKLY November 6 Key Developments in Asian Local Currency Markets Japan s real gross domestic product (GDP) growth accelerated to.% quarter-on-quarter in the third quarter (Q) of 6 from.%

More information

Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition

Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition November 2012, Bangkok, Thailand Kensuke Tanaka Head of Asia Desk OECD Development

More information

GLOBAL ENTREPRENEURSHIP MONITOR Thailand Report 2013

GLOBAL ENTREPRENEURSHIP MONITOR Thailand Report 2013 1 2 Foreword The 2013 edition of the annual Global Entrepreneurship Monitor (GEM) Thailand Report finds its completion with perfect timing. The business community, academics and policy makers agree that

More information

Appendix A: Economic Development and Culture Trends in Toronto Data Analysis

Appendix A: Economic Development and Culture Trends in Toronto Data Analysis Appendix A: Economic Development and Culture Trends in Toronto Data Analysis Introduction The proposed lenses presented in the EDC Divisional Strategy Conversation Guide are based in part on a data review.

More information

Charting Philippines Economy, 1H 2017

Charting Philippines Economy, 1H 2017 Charting Philippines Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published

More information

The Human Face of the Financial Crisis

The Human Face of the Financial Crisis The Human Face of the Financial Crisis Prof. Leonor Magtolis Briones UP National College of Public Administration and Governance and Co-Convenor, Social Watch Philippines Fourth Annual Forum of Emerging

More information

Executive summary. Strong records of economic growth in the Asia-Pacific region have benefited many workers.

Executive summary. Strong records of economic growth in the Asia-Pacific region have benefited many workers. Executive summary Strong records of economic growth in the Asia-Pacific region have benefited many workers. In many ways, these are exciting times for Asia and the Pacific as a region. Dynamic growth and

More information

5. ASEAN Economy facing need to expand domestic demand amid an export plunge. Table Outline of ASEAN countries

5. ASEAN Economy facing need to expand domestic demand amid an export plunge. Table Outline of ASEAN countries 5. ASEAN Economy facing need to expand domestic demand amid an export plunge (1) Overview of ASEAN Economy ASEAN, which was founded in 1967 based on a declaration of the foundation of ASEAN, was the first

More information

Social and Demographic Trends in Burnaby and Neighbouring Communities 1981 to 2006

Social and Demographic Trends in Burnaby and Neighbouring Communities 1981 to 2006 Social and Demographic Trends in and Neighbouring Communities 1981 to 2006 October 2009 Table of Contents October 2009 1 Introduction... 2 2 Population... 3 Population Growth... 3 Age Structure... 4 3

More information

Charting Australia s Economy

Charting Australia s Economy Charting Australia s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

Hinrich Foundation Sustainable Trade Index Country overview: Malaysia

Hinrich Foundation Sustainable Trade Index Country overview: Malaysia Hinrich Foundation Sustainable Trade Index Country overview: Malaysia Malaysia ranks 7 th on inaugural Hinrich Foundation Sustainable Trade Index The country is the best performer from emerging Asia The

More information

Highly-Skilled Migration and Competitiveness: The Science and Engineering Industries in Japan

Highly-Skilled Migration and Competitiveness: The Science and Engineering Industries in Japan Highly-Skilled Migration and Competitiveness: The Science and Engineering Industries in Japan Migration and Competitiveness: Japan and the United States March 22-23, 2012 Nana Oishi, Sophia University

More information

The situation of trade relation between Vietnam and ASEAN

The situation of trade relation between Vietnam and ASEAN The situation of trade relation between Vietnam and ASEAN Nhung Thi Thai In 1988, a year before the Soviet Union collapsed, the 13th National Congress of the Communist Party of Vietnam adopted a resolution

More information

Queensland s Labour Market Progress: A 2006 Census of Population and Housing Profile

Queensland s Labour Market Progress: A 2006 Census of Population and Housing Profile Queensland s Labour Market Progress: A 2006 Census of Population and Housing Profile Issue No. 9 People in Queensland Labour Market Research Unit August 2008 Key Points Queensland s Labour Market Progress:

More information

Assignment. "Economic Profile of Vietnam"

Assignment. Economic Profile of Vietnam PPG-525: Fundamental of Economics Assignment On "Economic Profile of Vietnam" Submitted to: Dr. Ahmed Tazmeen Department of Public Policy and Governance North South University Dhaka, Bangladesh Submitted

More information

Hinrich Foundation Sustainable Trade Index Country overview: Vietnam

Hinrich Foundation Sustainable Trade Index Country overview: Vietnam Hinrich Foundation Sustainable Trade Index Country overview: Vietnam Vietnam ranks 11 th on inaugural Hinrich Foundation Sustainable Trade Index The country over-performs its level of per capita GDP. The

More information

Policy Brief on Migration and Urbanization

Policy Brief on Migration and Urbanization The Republic of the Union of Myanmar 2014 Myanmar Population and Housing Census Policy Brief on Migration and Urbanization Department of Population Ministry of Labour, Immigration and Population With technical

More information

Lecture III South Korean Economy today

Lecture III South Korean Economy today Lecture III South Korean Economy today Lecture 3: South Korean Economy - Current Status and Issues in the future South Korean Economy: Current Status 1 Korean Economy with Numbers GDP (PPP based) S. Korea

More information

The widening income dispersion in Hong Kong :

The widening income dispersion in Hong Kong : Lingnan University Digital Commons @ Lingnan University Staff Publications Lingnan Staff Publication 3-14-2008 The widening income dispersion in Hong Kong : 1986-2006 Hon Kwong LUI Lingnan University,

More information

Policy Brief on Labour Force

Policy Brief on Labour Force The Republic of the Union of Myanmar 2014 Myanmar Population and Housing Census Policy Brief on Labour Force Department of Population Ministry of Labour, Immigration and Population With technical assistance

More information

PUBLIC OPINION AND REGIONAL INTEGRATION

PUBLIC OPINION AND REGIONAL INTEGRATION PUBLIC OPINION AND REGIONAL INTEGRATION Public Opinion and Regional Integration 1 Public Opinion in the European Union Hadrien Hamana 2 Refugees in ASEAN and the EU Kou Kou 3 ASEAN-EU cooperation Victor

More information

Population. C.4. Research and development. In the Asian and Pacific region, China and Japan have the largest expenditures on R&D.

Population. C.4. Research and development. In the Asian and Pacific region, China and Japan have the largest expenditures on R&D. Statistical Yearbook for Asia and the Pacific 2013 C. Education and knowledge C.4. (R&D) is a critical element in the transition towards a knowledgebased economy. It also contributes to increased productivity,

More information

Guangxi Zhuang Autonomous Region 2013

Guangxi Zhuang Autonomous Region 2013 Guangxi Zhuang Autonomous Region 2013 By Sophie Lu LUP 011.8-3, Dec. 2013 Guangxi is the country s only area in the west which has a coastline and seaports. This region has the geographic advantage of

More information

Has Globalization Helped or Hindered Economic Development? (EA)

Has Globalization Helped or Hindered Economic Development? (EA) Has Globalization Helped or Hindered Economic Development? (EA) Most economists believe that globalization contributes to economic development by increasing trade and investment across borders. Economic

More information

Human Resource Development in the Tourism Sector in Asia

Human Resource Development in the Tourism Sector in Asia Perspectives in Asian Leisure and Tourism Research articles, essays, practical applications in hospitality, leisure and tourism - with an emphasis on Southeast Asia Volume 1 Issue 1 Article 7 2008 Human

More information

Mizuho Economic Outlook & Analysis The 15 th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 2015)

Mizuho Economic Outlook & Analysis The 15 th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 2015) Mizuho Economic Outlook & Analysis The 15 th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 2015) May 2015 Copyright Mizuho Research Institute Ltd. All Rights

More information

Can Japan Take Standpoint Promoting Establishment of Common Currency in East Asia?

Can Japan Take Standpoint Promoting Establishment of Common Currency in East Asia? Far Eastern Studies Vol.8 March 2009 Center for Far Eastern Studies, University of Toyama Can Japan Take Standpoint Promoting Establishment of Common Currency in East Asia? Takaaki HATTORI * 1 Introduction

More information

The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank

The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank or its Board of Governors or the governments they represent.

More information

FY2014 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey

FY2014 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey Japan External Trade Organization FY2014 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey March 11, 2015 Japan External Trade Organization (JETRO) Table of contents

More information

THAILAND IN MID-DECADE

THAILAND IN MID-DECADE THAILAND IN MID-DECADE WILL THE NEXT FIVE YEARS RESTORE POLITICAL STABILITY AND ECONOMIC PROSPERITY? CHRISTOPHER F. BRUTON DATACONSULT LTD. BANGKOK, THAILAND AMARI HOTEL, PHUKET THURSDAY 12 MARCH 2015

More information

ASEAN WHAT IS ASEAN? A regional grouping that promotes economic, political and security cooperation among its member states.

ASEAN WHAT IS ASEAN? A regional grouping that promotes economic, political and security cooperation among its member states. ASEAN Instructor: Professor Matthieu CROZET Presented by: Tionardy Giovanni WEN, Chan-Chun Tu, Chang-Chieh WHAT IS ASEAN? A regional grouping that promotes economic, political and security cooperation

More information

staying Put for Work

staying Put for Work Chinese Residents are staying Put for Work By Rainer Strack, Mike Booker, Orsolya Kovacs-Ondrejkovic, Pierre Antebi, and Fang Ruan This article is part of the series Decoding Global Talent 2018. The series

More information

Contemporary Human Geography, 2e. Chapter 9. Development. Lectures. Karl Byrand, University of Wisconsin-Sheboygan Pearson Education, Inc.

Contemporary Human Geography, 2e. Chapter 9. Development. Lectures. Karl Byrand, University of Wisconsin-Sheboygan Pearson Education, Inc. Contemporary Human Geography, 2e Lectures Chapter 9 Development Karl Byrand, University of Wisconsin-Sheboygan 9.1 Human Development Index Development The process of improving the material conditions of

More information

Globalization GLOBALIZATION REGIONAL TABLES. Introduction. Key Trends. Key Indicators for Asia and the Pacific 2009

Globalization GLOBALIZATION REGIONAL TABLES. Introduction. Key Trends. Key Indicators for Asia and the Pacific 2009 GLOBALIZATION 217 Globalization The People s Republic of China (PRC) has by far the biggest share of merchandise exports in the region and has replaced Japan as the top exporter. The largest part of Asia

More information

MEETING THE NEED FOR PERSONAL MOBILITY. A. World and regional population growth and distribution

MEETING THE NEED FOR PERSONAL MOBILITY. A. World and regional population growth and distribution 30 II. MEETING THE NEED FOR PERSONAL MOBILITY A. World and regional population growth and distribution The world population grew at an annual rate of 1.4 per cent between 1990 and 2000. This is slightly

More information

Poverty Profile. Executive Summary. Kingdom of Thailand

Poverty Profile. Executive Summary. Kingdom of Thailand Poverty Profile Executive Summary Kingdom of Thailand February 2001 Japan Bank for International Cooperation Chapter 1 Poverty in Thailand 1-1 Poverty Line The definition of poverty and methods for calculating

More information

INTRODUCTION The ASEAN Economic Community and Beyond

INTRODUCTION The ASEAN Economic Community and Beyond 1 INTRODUCTION The ASEAN Economic Community and Beyond The ten countries of Southeast Asia Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam are achieving

More information

UNDERSTANDING TRADE, DEVELOPMENT, AND POVERTY REDUCTION

UNDERSTANDING TRADE, DEVELOPMENT, AND POVERTY REDUCTION ` UNDERSTANDING TRADE, DEVELOPMENT, AND POVERTY REDUCTION ECONOMIC INSTITUTE of CAMBODIA What Does This Handbook Talk About? Introduction Defining Trade Defining Development Defining Poverty Reduction

More information

Current Situation and Outlook of Asia and the Pacific

Current Situation and Outlook of Asia and the Pacific ESCAP High-level Policy Dialogue Ministry of Finance of the Republic of International Economic Summit 2013 Eleventh Bank Annual International Seminar Macroeconomic Policies for Sustainable Growth with

More information

Policy Review on Myanmar Economy

Policy Review on Myanmar Economy Policy Review on Myanmar Economy Bangkok Research Center Myanmar Migrants to Thailand and Implications to Myanmar Development By Supang Chantavanich 1 Current Situation of Migration from Myanmar in Thailand

More information

ASIA MONTHLY. February 2013

ASIA MONTHLY. February 2013 ASIA MONTHLY February 13 Topics Changing Thai labor market and supply chain 1 Korea 3 Indonesia India 5 China 6 http://www.jri.co.jp/english/periodical/asia/ February 13, No.13 Topics Changing Thai labor

More information

Insight Series RACV Club 4 September Opportunity Asia. Phil Ruthven AM, Chairman WHERE KNOWLEDGE IS POWER

Insight Series RACV Club 4 September Opportunity Asia. Phil Ruthven AM, Chairman WHERE KNOWLEDGE IS POWER Insight Series RACV Club 4 September 2014 Opportunity Asia Phil Ruthven AM, Chairman WHERE KNOWLEDGE IS POWER Topics 1. Global Perspective 2. Regional Perspective 3. Some Australian Perspective 4. International

More information

Labor Supply Factors and Labor Availability for the Geneva (Fillmore County) Labor Area

Labor Supply Factors and Labor Availability for the Geneva (Fillmore County) Labor Area Labor Supply Factors and Labor Availability for the Geneva (Fillmore County) Labor Area June 2015 Prepared by: Kenneth M. Lemke, Ph.D. Economist Nebraska Public Power District 1414 15 th Street - P.O.

More information

Le Sueur County Demographic & Economic Profile Prepared on 7/12/2018

Le Sueur County Demographic & Economic Profile Prepared on 7/12/2018 Le Sueur County Demographic & Economic Profile Prepared on 7/12/2018 Prepared by: Mark Schultz Regional Labor Market Analyst Southeast and South Central Minnesota Minnesota Department of Employment and

More information

The case for an inwork progression service

The case for an inwork progression service The case for an inwork progression service 1 Contents 1. Introduction 2. Underemployment in the UK 3. Individual characteristics 4. Industry 5. Recommendations 2 Summary of findings Scale of underemployment:

More information

100 days of change. The importance of immigration. March 3, In brief. Laying the groundwork

100 days of change. The importance of immigration. March 3, In brief. Laying the groundwork 100 days of change March 3, 2017 The importance of immigration In brief Early actions and statements by the Trump administration suggest significant changes to both illegal and legal immigration into the

More information

Education of girls vital to moving up the trade value chain

Education of girls vital to moving up the trade value chain ASIA-PACIFIC RESEARCH AND TRAINING NETWORK ON TRADE POLICY BRIEF BRIEF NO. 43 DECEMBER 2014 Education of girls vital to moving up the trade value chain MEGAN WAY, KENT JONES, AND LIDIJA POLUTNIK* Summary

More information

EABER WORKING PAPER SERIES

EABER WORKING PAPER SERIES EAST ASIAN BUREAU OF ECONOMIC RESEARCH EABER WORKING PAPER SERIES PAPER NO.49 GLOBAL FINANCIAL CRISIS: IMPACT ON SINGAPORE AND ASEAN SHANDRE M THANGAVELU CRAWFORD SCHOOL OF ECONOMICS AND GOVERNMENT AND

More information

9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI

9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI 9: Development 9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI Standard of living Access to knowledge Life expectancy 9.1

More information

Mizuho Economic Outlook & Analysis

Mizuho Economic Outlook & Analysis Mizuho Economic Outlook & Analysis The 18th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 18) - Japanese Firms Reevaluate China as a Destination for Business

More information

โอกาสและความท าทายของประเทศไทยในอนาคต

โอกาสและความท าทายของประเทศไทยในอนาคต โอกาสและความท าทายของประเทศไทยในอนาคต Thailand 22 Apirak Kosayodhin Apirak Kosayodhin Advisor to Prime Minister of Thailand Thailand has significantly changed in the past 2 years Improved quality of life

More information

Regional Economic Integration and Inclusive Growth

Regional Economic Integration and Inclusive Growth Regional Economic Integration and Inclusive Growth The Story Line Josef T. Yap 03 September 2012 Outline Trends in Regional Economic Integration Role of Regional Production Networks Impact on the Manufacturing

More information

RESEARCH BRIEF: The State of Black Workers before the Great Recession By Sylvia Allegretto and Steven Pitts 1

RESEARCH BRIEF: The State of Black Workers before the Great Recession By Sylvia Allegretto and Steven Pitts 1 July 23, 2010 Introduction RESEARCH BRIEF: The State of Black Workers before the Great Recession By Sylvia Allegretto and Steven Pitts 1 When first inaugurated, President Barack Obama worked to end the

More information

Release of 2006 Census results Labour Force, Education, Place of Work and Mode of Transportation

Release of 2006 Census results Labour Force, Education, Place of Work and Mode of Transportation Backgrounder Release of 2006 Census results Labour Force, Education, Place of Work and Mode of Transportation On March 4, 2008 Statistics Canada released further results from the 2006 census focusing on

More information

FY Purdue University Minority-Owned and Women-Owned Business Enterprise Utilization. Office of Supplier Diversity Development

FY Purdue University Minority-Owned and Women-Owned Business Enterprise Utilization. Office of Supplier Diversity Development FY 2013 Purdue University Minority-Owned and Women-Owned Business Enterprise Utilization Office of Supplier Diversity Development PURDUE UNIVERSITY MINORITY-OWNED BUSINESS ENTERPRISE AND WOMEN-OWNED BUSINESS

More information

Economic Development: Miracle, Crisis and Regionalism

Economic Development: Miracle, Crisis and Regionalism Economic Development: Miracle, Crisis and Regionalism Min Shu School of International Liberal Studies Waseda University 18 Dec 2017 IR of Southeast Asia 1 Outline of the Lecture Southeast Asian economies

More information

GDP Per Capita. Constant 2000 US$

GDP Per Capita. Constant 2000 US$ GDP Per Capita Constant 2000 US$ Country US$ Japan 38,609 United States 36,655 United Kingdom 26,363 Canada 24,688 Germany 23,705 France 23,432 Mexico 5,968 Russian Federation 2,286 China 1,323 India 538

More information

Trans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth

Trans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth Trans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth Background The Asia-Pacific region is a key driver of global economic growth, representing nearly half of the

More information

United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) A. INTRODUCTION

United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) A. INTRODUCTION FOLLOW-UP ACTIVITIES RELATING TO THE 2006 HIGH-LEVEL DIALOGUE ON INTERNATIONAL MIGRATION AND DEVELOPMENT United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) A. INTRODUCTION As

More information

The Informal Economy: Statistical Data and Research Findings. Country case study: South Africa

The Informal Economy: Statistical Data and Research Findings. Country case study: South Africa The Informal Economy: Statistical Data and Research Findings Country case study: South Africa Contents 1. Introduction 2. The Informal Economy, National Economy, and Gender 2.1 Description of data sources

More information

6. Policy Recommendations on How to Strengthen Financial Cooperation in Asia Wang Tongsan

6. Policy Recommendations on How to Strengthen Financial Cooperation in Asia Wang Tongsan 6. Policy Recommendations on How to Strengthen Financial Cooperation in Asia Wang Tongsan Institute of Quantitative & Technical Economics Chinese Academy of Social Sciences -198- Since the Chiang Mai Initiative

More information

FY Purdue University Minority-Owned and Women-Owned Business Enterprise Utilization. Office of Supplier Diversity Development

FY Purdue University Minority-Owned and Women-Owned Business Enterprise Utilization. Office of Supplier Diversity Development FY 2012 Purdue University Minority-Owned and Women-Owned Business Enterprise Utilization Office of Supplier Diversity Development PURDUE UNIVERSITY MINORITY-OWNED BUSINESS ENTERPRISE AND WOMEN-OWNED BUSINESS

More information

Stimulating Investment in the Western Balkans. Ellen Goldstein World Bank Country Director for Southeast Europe

Stimulating Investment in the Western Balkans. Ellen Goldstein World Bank Country Director for Southeast Europe Stimulating Investment in the Western Balkans Ellen Goldstein World Bank Country Director for Southeast Europe February 24, 2014 Key Messages Location, human capital and labor costs make investing in the

More information

JETRO Bangkok Newsletter October/November/December 2013 HIGHLIGHTS OF THIS ISSUE

JETRO Bangkok Newsletter October/November/December 2013 HIGHLIGHTS OF THIS ISSUE JETRO Bangkok Newsletter October/November/December 2013 Nantawan Building, 16 th Fl., 161 Rajdamri Road Patumwan, Bangkok 10330, Thailand Tel: (66) 0-2253-6441-5 Fax: (66) 0-2253-2020 Web site: http://www.jetro.go.jp/thailand/

More information

DRIVERS OF DEMOGRAPHIC CHANGE AND HOW THEY AFFECT THE PROVISION OF EDUCATION

DRIVERS OF DEMOGRAPHIC CHANGE AND HOW THEY AFFECT THE PROVISION OF EDUCATION DRIVERS OF DEMOGRAPHIC CHANGE AND HOW THEY AFFECT THE PROVISION OF EDUCATION This paper provides an overview of the different demographic drivers that determine population trends. It explains how the demographic

More information

Vietnam s Current Development Policies: An Overview

Vietnam s Current Development Policies: An Overview Vietnam s Current Development Policies: An Overview Still early days Still predominantly rural 90 80 70 60 50 40 30 20 10 0 Rural population (%) Agricultural labor force (%) 1989 1991 1993 1995 1997 1999

More information

VIETNAM FOCUS. The Next Growth Story In Asia?

VIETNAM FOCUS. The Next Growth Story In Asia? The Next Growth Story In Asia? Vietnam s economic policy has dramatically transformed the nation since 9, spurring fast economic and social development. Consequently, Vietnam s economy took off booming

More information

THE STATE OF THE UNIONS IN 2011: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1

THE STATE OF THE UNIONS IN 2011: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1 THE STATE OF THE UNIONS IN 2011: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1 Lauren D. Appelbaum UCLA Institute for Research on Labor and Employment 2 Ben Zipperer University

More information

China After the East Asian Crisis

China After the East Asian Crisis China After the East Asian Crisis Ross Garnaut Director and Professor of Economics Asia Pacific School of Economics and Management The Australian National University China After the East Asian Crisis When

More information

The IISD Global Subsidies Initiative Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia

The IISD Global Subsidies Initiative Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia Tara Laan Global Subsidies Initiative 20 June 2014 Outline of presentation 1. Introduction to the GSI 2. Scale of fossil-fuel subsidies

More information