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Thailand’s road to becoming an upper middle income country in 2011 was paved by strong economic growth, particularly during the decade ending in 1996, which benefited from an average GDP growth of 10.08%. The country’s recent growth has been relatively low, compared to its East-Asian neighbors, with an average 3.6% annual GDP growth (2010-2014). Despite the global financial crisis, political instabilities and natural disasters, Thailand attained a 30% decrease in its poverty incidence, measured by the national poverty line, from 42.6% in 2000 to 12.6% in 2012.
Technological innovations, global partnerships key to eliminating poverty, hunger
Village leaders exchange program reveals secrets behind targeted poverty alleviation
UN Refugee Agency: Join hands with China to help developing countries
China takes extraordinary initiatives in South-South Cooperation