Income, Saving, and Wealth of Thai Rural Households: A Case Study of Saving Adequacies

This paper investigates the savings and wealth of Thai rural households with an emphasis on the issue of saving inadequacies. We use the household survey conducted by the National StatisticalOffice in 2009 as a database. First, we hypothesize an interrelationship between household income, saving, and assets. Further, we estimate the scope of the relationship using an econometric technique and examine savings predicted over the household’s lifecycle. Our findings indicate that: (i) approximately 29% of Thai rural households overspent their income; indeed, this group failed to save and incurred negative savings, (ii) 47% of Thai rural households inadequately saved due to a “weak definition” which signifies the amount saved is inadequate or too little to cope with future risks and uncertainties. Calculations related to the probabilities of saving inadequacies compared age-cohorts, occupations, and levels of education. The last section discusses long-term implications of saving inadequacies, and limitations of the model for improving saving practices within Thai rural households

The shrimp aquaculture sector in Thailand A review of economic, environmental and trade issues

Collaborative Research in the Economics of Environment and Development (CREED) is a joint initiative of the International Institute for Environment and Development (IIED), London and the Institute for Environmental Studies (IVM), Amsterdam. Includes bibliographical references. English text, with abstracts in English, French and SpanishAvailable from British Library Document Supply Centre- DSC:3487. 296412(no 19) / BLDSC - British Library Document Supply CentreSIGLEGBUnited Kingdo