Poverty, Income Inequality, and Microfinance in Thailand

Bird, Kelly; Hattel, Kelly; Sasaki, Eiichi; Attapich, Luxmon | November 2011
Abstract
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. This paper suggests ways to strengthen the microfinance sector aimed at improving income disparities.
Citation
Bird, Kelly; Hattel, Kelly; Sasaki, Eiichi; Attapich, Luxmon. 2011. Poverty, Income Inequality, and Microfinance in Thailand. © Asian Development Bank. http://hdl.handle.net/11540/1311. License: CC BY 3.0 IGO.
Keywords
Gender Discrimination
Gender Equality
Gender Inequality
Alleviating Poverty
Anti-Poverty
Extreme Poverty
Fight Against Poverty
Global Poverty
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Citable URI
http://hdl.handle.net/11540/1311
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