Bird, Kelly
Author
-
Investing in the employment of young people helps realize the potential of human capital in terms of wealth and savings, leading to huge economic and also ultimately, social gains.
-
This paper provides a summary assessment of recent developments in poverty and income inequality in Thailand and discusses the role microfinance can play in addressing inequalities. Income inequality in Thailand is among the highest in Southeast Asia and particularly high in northeast Thailand. A contributing factor is the limited access to financial services and limited financial literacy of poor households. Thailand's microfinance sector is undeveloped compared to its regional peers; this has impeded poor families' access to financial services.