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A Comparative Study Of Economic Development: Thailand And India, Charnchai Charnchayasuk

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Quickening the rate of economic growth and the conquest of poverty are the primary expressed objects of public policy in the underdeveloped countries of the world. In the new countries, particularly in Africa and Asia which have recently become independent, it was necessary to start almost from scratch in the construction of an advanced economy. Such countries have usually had (a) a high proportion of population in agriculture, with low productivity; (b) little capital per person and crude technology; (c) major expenditures for food; (d) high birth and death rates; (e) poor health and sanitation; and (f) a low level …