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                                                                     Ratchada Anantavrasilpa*








                                     Thailand success rate was really good in the past for 30 years.
                              That is a national figure but if you look by region, you can see that
                             Bangkok has a very low property rate when you compare to national
                           level. But you can see that all trends are coming now starting from 1988,
                         it is a good sign for a country. This figure is from NESDC (สภาพัฒน์).
                       This graph shows two things. One is national property line which is a global
                      we use is 1.9dollars per day or equal around 32 baht per day. I don’t think
                    that we can use it in Thailand anymore but in global property line, we also use
                  the upper income middle class, we can use 5.5dollars per day.

                        If we use this measure, we can see that Thailand property rate at 2017 is
                  around 7.7% which is inline with the NESDC. So, you can see that NESDC is also
                  7.8% which is less than 10% but even property rate that we reducing but we are
                  still have room for improvement. This is also to confirm that Thailand use the same
                  measure as the global one which is the green colour. This slide shows that for
                  the vulnerable people who earn around 3.2dollars -5.5 dollars is mostly outside of
                  Bangkok area. And it is like concentrated to the north part and northeast part of
                  Thailand. This picture shows the vary provinces, you can see that the extm poor is
                  on somewhere along the board. So, this means Thai government has to do
                  something to reduce inequality in Thailand.


                    *  Senior Financial Sector Specialist, East Asia and Pacific, World Bank
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