Commentary Note on Thailand’s Current Inequality Situation and Its Prospects
Journal Title: Thammasat Review of Economic and Social Policy - Year 2016, Vol 2, Issue 1
Abstract
I became interested in economic aspects of inequality because economic inequalities underlie inequality of power, social position, and access to resources of all kinds, including good education, a fair trial and a decent chance in life of individuals and their children. In this commentary note I first give a sketch of the international debate on the impact of inequality on economic growth and democracy. I then outline the trends of inequality of income and wealth in Thailand and explain the reasons for the steep rise in inequalities. Next I briefly discuss findings about the impact of inequality on social division and political conflict. This is followed by an outline of policies and actions that can lead to a reduction of inequality in Thailand today. Last is a brief concluding remark on the future prospects.
Authors and Affiliations
Pasuk Phongpaichit
Keywords
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- EP ID EP553677
- DOI 10.14456/tresp.2016.1
- Views 84
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