Thailand

• Brief Description
• Economy
• Locations
• Links
• ← back

Brief description

The Kingdom of Thailand is a country in Southeast Asia. To its east lie Laos and Cambodia; to its south, the Gulf of Thailand and Malaysia; and to its west, the Andaman Sea and Myanmar. Its capital and largest city is Bangkok.

The region known today as Thailand has been inhabited by humans since the paleolithic period (about 500,000 - 10,000 years ago). Prior to the fall of the Khmer Empire in the 13th century, various states thrived there, such as the various Tai, Mon, Khmer and Malay kingdoms, as seen through the numerous archaeological sites and artifacts that are scattered throughout the Siamese landscape. Prior to the 12th century however, the first Thai or Siamese state is traditionally considered to be the Buddhist kingdom of Sukhothai, which was founded in 1238, following the decline and fall of the Khmer empire in the 13th - 15th century AD.

Economy

Thailand is a newly industrialised country. After enjoying the world's highest growth rate from 1985 to 1996 - averaging almost 9% annually - increased pressure on Thailand's currency, the baht, in 1997, the year in which the economy contracted by 1.9% led to a crisis that uncovered financial sector weaknesses and forced the government to float the currency. Pegged at 25 to the US dollar from 1978 to 1997, the baht reached its lowest point of 56 to the US dollar in January 1998 and the economy contracted by 10.8% that same year. The collapse prompted a wider Asian financial crisis.

Thailand entered a recovery stage in 1998, expanding 4.2% and 4.4% in 2000, largely due to strong exports - which increased about 20% in 2000. Growth (2.2%) was dampened by a softening of the global economy in 2001, but picked up in the subsequent years due to strong growth in the People's Republic of China, a relatively weak baht encouraging exports and increasing domestic spending as a result of several mega projects and incentives of Prime Minister Thaksin Shinawatra, known as Thaksinomics. Growth in 2002/03 and 2004 was 5-7% annually.

Interesting locations

Thailand is divided into 75 provinces (จังหวัด, changwat) , which are gathered into 5 groups of provinces by location. There are also 2 special governed districts: the capital Bangkok (Krung Thep Maha Nakhon) and Pattaya, of which Bangkok is at provincial level and thus often counted as a 76th province. Each province is divided into smaller districts. As of 2006 there are 877 districts (อำเภอ, amphoe) and the 50 districts of Bangkok (เขต, khet). Some parts of the provinces bordering Bangkok are also referred to as Greater Bangkok (ปริมณฑล, pari monthon). These provinces include Nonthaburi, Pathum Thani, Samut Prakan, Nakhon Pathom and Samut Sakhon. The name of each province's capital city (เมือง, mueang) is the same as that of the province: for example, the capital of Chiang Mai province (changwat Chiang Mai) is Mueang Chiang Mai or Chiang Mai.

Article from Wikipedia, The Free Encyclopedia, Thailand

Links

• BBC News Country Profile - Thailand
• US Department of State - Thailand
• CIA World Factbook - Thailand
• Federal Research Division, Library of Congress -
  Thailand : a country study

← back