The age-old struggle with economic disparity continues to cast a shadow on Thailand’s society as inequality widens, particularly in the agricultural sector, which sees roughly 6% to 8% of its populace remaining below the poverty line. According to a recent study by the Trade Policy and Strategy Office (TPSO), this disparity has been fuelled by multiple factors, including the move to a digital economy, an ageing society, post-Covid-19 economic recovery speed, and the burning issue of climate change.
TPSO’s director-general, Poonpong Naiyanapakorn, acknowledges that while the nation has experienced consistent economic growth, the distribution of that wealth remains a significant issue. The GDP enlarged from 7.7 trillion baht in 2008 to 10.2 trillion baht in 2021, yet economic inequality remained constant. Restating the United…
