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Thailand aims to eradicate poverty in two years


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22 hours ago, mfd101 said:

Ha ha, well optimism is a good thing. It keeps us all motivated ...

 

So, first question: How do they define 'poverty'? Just to ensure that no worker is paid less than the regulation 350฿ per day (soon to be 380 wow!) would be a mammoth decade-long task, I shouldn't wonder.

 

Governments - and Prime Ministers! - that make announcements like that are either mind-bogglingly stupid and ignorant, or they assume their audience is. Worthy of Trump.

Can only afford one Mercedes Benz.

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23 hours ago, Deserted said:

That's interesting, I wonder where she got that from. I distinctly remember Thaksin also saying he would eradicate poverty when he came to power but the time length was different. I believe he said 6 years not 2.

Well Thaksin couldn’t finish the job then no thanks to the military coups.

 

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A great idea.  I don't think eradicating poverty completely is possible,  but reducing it significantly may be achievable. Given the vast inequality in Thailand that may necessitate moving some wealth to the poor from the very rich families. That could be a problem. 

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1 hour ago, kimamey said:

A great idea.  I don't think eradicating poverty completely is possible,  but reducing it significantly may be achievable. Given the vast inequality in Thailand that may necessitate moving some wealth to the poor from the very rich families. That could be a problem

 

More like impossible.

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On 9/27/2024 at 11:30 AM, NoDisplayName said:

 

Google is a thing (except in China).

 

In China today, poverty refers mainly to the rural poor. Decades of economic development has reduced urban extreme poverty.[1][2][3] According to the World Bank, more than 850 million Chinese people have been lifted out of extreme poverty; China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms,[4][5] which still stands in 2022.[6][7][8]

The Chinese definition of extreme poverty is more stringent than that of the World Bank: earning less than $2.30 a day at purchasing power parity (PPP).[9] Growth has fuelled a substantial increase in per-capita income lifting people out of extreme poverty. China's per capita income has increased fivefold between 1990 and 2000, from $200 to $1,000. Between 2000 and 2010, per capita income also rose at the same rate, from $1,000 to $5,000, moving China into the ranks of middle-income countries.

 

https://en.wikipedia.org/wiki/Poverty_in_China

Inadvertently perhaps, you made my case: "US$1.90 or less per day in PPP", i.e. $1.25, as I wrote. Go to China and try to live on 9 yuan a day......or 40 baht a day in Thailand.

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6 hours ago, daveAustin said:

It's all to appeal to the masses. In this monetary system, it is practically IMPOSSIBLE to avoid poverty. Not even the richest countries can do that. Somewhere like Norway is as close as you're gonna get but it took generations of hard work and decent governance, but it probably still has it (immigrants aside). Whereas a developing country with bad governance on top of bad/corrupt governance will never achieve it.

 

Norway's riches come courtesy of its status as western Europe's largest oil and gas producer. In so doing it over contributed to global warming, at a cost to countries who are vulnerable to climate change.  In effect, Norway has reduced its poverty by ensuring that hundreds of millions of  people in other regions will suffer  poverty due to the impact of catastrophic climate conditions.  It's an inconvenient truth some people don't wish to acknowledge,.

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