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- W2626775346 abstract "The summary of past and expected demographic and economic conditions in Thailand points to the availability and importance of including detailed household characteristics in planning for social and economic development. Fertility in Thailand declined to almost 2 children per family and a rate of population growth of 1.9%. Population in 1990 was 56 million people. 15% of the 12 million households were female headed. Nuclear households have not replaced traditional Thai households. Future projections are for an increased number of households smaller households aging and a dominant family household. Households with related members will increase and include more adults. The labor force is expected to increase to 46.4 million by 2015 or by 50%. Wages will rise only slightly to about 8 times the level in 1990. Unemployment should remain around 1.2%. Rapid growth in real wages may hurt exports and profits. The work force will become more educated and experienced which should lead to higher productivity. The economic impact on households will mean fewer wage earners per household but not necessarily economic hardship. Household savings provide a safety net but the decline in national saving (business and government) creates the need for foreign investment. Declines in dependency should increase household savings in the future. An aging population will affect expenditure patterns. Household size declines will negatively affect food housing and alcohol and tobacco expenditures and positively affect apparel transportation and communication. The primary and secondary school age population will decline and enrollments will decline in primary schools and remain stable in secondary schools. Public expenditure on education will depend on quality. In the health sector patients will increase at a rate of about 1% annually public costs will increase at 5% per year and private expenditure will increase at a rate of 7% per year. Maternal and child care need will decline and health care needs of the elderly will increase. Housing demand will be in owner occupancy and with an excess demand for construction labor. Greater land area will be absorbed and infrastructure will increase to service the expansion. Air pollution and related urban problems were undetermined but a critical consideration." @default.
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- W2626775346 date "1993-01-01" @default.
- W2626775346 modified "2023-09-24" @default.
- W2626775346 title "Demographic change and the Thai economy: an overview." @default.
- W2626775346 hasPublicationYear "1993" @default.
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