We Ask An Economist: Is Thailand a Poor Country? [Season 4, Episode 19]

We Ask An Economist: Is Thailand a Poor Country? [Season 4, Episode 19]

People are often quick to call Thailand 'developing' or even 'third world' - but what do those terms even mean? We decided to find out.

Ed interviews Dan Honig, a professor of international development at Johns Hopkins University. After explaining Dan's unique educational background and world travels, the guys dig into some basic questions about the Thai economy. Right off the bat, Dan notes that when compared to the entire world, it is not accurate to consider Thailand poor. Instead, it would probably be categorized as 'upper middle income'.

But that describes Thailand as a whole - what about other indices like inequality, development, or poverty? Dan discusses different ways of measuring these things and notes that Thailand has a very low poverty rate, with most Thais generally having access to health care and education. But the extreme gap between the one percent at the top in Thailand and everybody else impacts the political situation, and in Dan's mind definitely is a problem.

Last, the guys riff on the oddness of having salaries that put them in the top one or two percent in the world, but at the same time feeling 'disadvantaged' in some way. In the end, it's only traveling and seeing the way most people live that lead to really appreciating what you have. Something listeners of the Bangkok Podcast should know already. :)

As always, the podcast will continue to be 100% funded by listeners just like you who get some special swag from us. And we'll keep our Facebook, Twitter, and LINE accounts active so you can send us comments, questions, or whatever you want to share.

Avsnitt(561)

Making Bangkok Accessible for All: Khun Saba Keeps Fighting (Classic ReCast) [S8.E23]

Making Bangkok Accessible for All: Khun Saba Keeps Fighting (Classic ReCast) [S8.E23]

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Former FBI Agent John Schachnovsky Talks Crime & Punishment in Thailand Part 2 [S8.E22]

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Former FBI Agent John Schachnovsky Talks Crime & Punishment in Thailand [S8.E21]

Former FBI Agent John Schachnovsky Talks Crime & Punishment in Thailand [S8.E21]

In part 1 of a two-part episode, Greg and Ed interview John Schachnovsky about his upcoming book "Beyond the Badge," which recounts his experience as the head of the FBI in Thailand. John starts out e...

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Greg and Ed discuss an article on Ajarn.com by Dr. Jesse Sessions called "What Does the Future Hold" which discusses some of the bigger problems currently facing Thailand and how they might impact the...

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Heritage & Culture: How Siri Sala Private Thai Villa Preserves the Past for the Future [S8.E19]

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Great Thailand Advice We Ignored…But Shouldn't Have [S8.E18] (ReCast)

Great Thailand Advice We Ignored…But Shouldn't Have [S8.E18] (ReCast)

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Summing Up: Giving Bangkok's Ubiquitous Malls Some Slogans [S8.E17]

Summing Up: Giving Bangkok's Ubiquitous Malls Some Slogans [S8.E17]

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Avoiding the Newbie Drama: Are Long-Term Expats Just Lucky? [S8.E16]

We've all seen the incredible amount of drama that can go down if you don't run a tight ship in Thailand - everything from visa worries and bank problems to relationship blow-ups and trouble with the ...

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