Country Case Paper- The economics of globalization

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Country Case Paper- The economics of globalization

Country Case Paper- The economics of globalization

Globalization has integrated world market and recreated what can be seen as world market. The effects of globalization have been felt in all nations and there have been dramatic economic change in every nation. While globalization is often viewed with regard to its effect on social life, an integration of the world market has brought about changes in the economic planning of different nations in the world. As a developing nation, Thailand has also been affected in various ways as regards the planning of its economy.

Country Case Paper- The economics of globalization

Thailand is mainly an agrarian country and the wave of globalization has greatly   impacted on its economic growth path.  With more than 54 million rural residents, the country has been affected in different ways by the changing economic pattern in globalization.

Country Case Paper- The economics of globalization

Thailand can be considered as an upcoming economy and the impact of globalization has been felt in all its sectors. Let us review some of the economic sectors in the country and how they have been affected by the integration of the Thai economy in the world economy.