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An average of 4.5% to 5% real GDP growth rate is the cause of political uncertainty and violence in the Southern border (www.state.gov/). Another impact to the country is the fertility rate which is plague with AIDS.
Human capital is part of economic growth in two ways, knowledge and workforce. Education is required to increase knowledge and even more importantly skilled workforce to develop the country (O’Sullivan, Sheffrin, Perez, 2008 p.178). However, with mortality rate of infant so low due to AIDS, Thailand may not be able to get back to a country it was once before.
In researching for two major impacts to Thailand’s economy, the World Bank was able to provide several statistics and figures on its people...
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