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On July 31, 2003, Thailand repaid its outstanding obligations under a standby arrangement made with the International Monetary Fund designed to help it recover from the 1997 Asian Financial Crisis. The payment was made four years ahead of schedule, reflecting Thailand's achievement of macroeconomic and balance-of-payments stability.
Since 2002, Thailand is no longer an Economic aid recipient. Instead, Thailand contributed $60 million in economic aid to the neighboring countries in 2005.
During the Vietnam War period Thailand, along with other US allies such as Cambodia, received considerable amounts of US economic aid and military subsidies. [1]
From the early 1980s onwards internal problems in Myanmar have led to large numbers of people seeking refuge in Thailand. Various agencies, including the European Commission's Humanitarian Aid department, have helped to assist the displaced people. [2]
Historically Thailand was one of the biggest recipients of Japanese overseas aid. The bulk of the aid took the form of loans for large-scale infrastructure projects. [3] Japan's government explained its relative generosity by citing friendly relations and Thailand's special problems arising from rapid growth, while some scholars have suggested that Japan's own business interests were the main motivation. [3]
Myanmar, officially the Republic of the Union of Myanmar and also known as Burma, is a country in Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has a population of about 55 million. It is bordered by Bangladesh and India to its northwest, China to its northeast, Laos and Thailand to its east and southeast, and the Andaman Sea and the Bay of Bengal to its south and southwest. The country's capital city is Naypyidaw, and its largest city is Yangon.
The Marshall Plan was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion in economic recovery programs to Western European economies after the end of World War II. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948, though in 1951, the Marshall Plan was largely replaced by the Mutual Security Act. The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize industry, improve European prosperity and prevent the spread of communism. The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the European Continent while also encouraging an increase in productivity as well as the adoption of modern business procedures.
The economy of Myanmar is the seventh largest in Southeast Asia. After the return of civilian rule in 2011, the new government launched large-scale reforms, focused initially on the political system to restore peace and achieve national unity and moving quickly to an economic and social reform program. Current economic statistics were a huge decline from the economic statistics of Myanmar in the fiscal year of 2020, in which Myanmar’s nominal GDP was $81.26 billion and its purchasing power adjusted GDP was $279.14 billion. Myanmar has faced an economic crisis since the 2021 coup d'état.
The economy of Thailand is dependent on exports, which accounted in 2021 for about 58 per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 17.367 trillion baht (US$495 billion) in 2022, the 9th largest economy in Asia. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. Its currency, the Thai Baht, ranked as the tenth most frequently used world payment currency in 2017.
The Ayutthaya Kingdom or the Empire of Ayutthaya was a Mon and later Siamese kingdom that existed in Southeast Asia from 1351 to 1767, centered around the city of Ayutthaya, in Siam, or present-day Thailand. European travellers in the early 16th century called Ayutthaya one of the three great powers of Asia. The Ayutthaya Kingdom is considered to be the precursor of modern Thailand, and its developments are an important part of the history of Thailand.
The history of Myanmar covers the period from the time of first-known human settlements 13,000 years ago to the present day. The earliest inhabitants of recorded history were a Tibeto-Burman-speaking people who established the Pyu city-states ranged as far south as Pyay and adopted Theravada Buddhism.
War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war. War reparations can take the form of hard currency, precious metals, natural resources, industrial assets, or intellectual properties. Loss of territory in a peace settlement is usually considered to be distinct from war reparations.
Humanitarian aid is material and logistic assistance, usually in the short-term, to people in need. Among the people in need are the homeless, refugees, and victims of natural disasters, wars, and famines. The primary objective of humanitarian aid is to save lives, alleviate suffering, and maintain human dignity.
In international relations, aid is – from the perspective of governments – a voluntary transfer of resources from one country to another. The type of aid given may be classified according to various factors, including its intended purpose, the terms or conditions under which it is given, its source, and its level of urgency. For example, aid may be classified based on urgency into emergency aid and development aid.
Burmese people or Myanma people are citizens or people from Myanmar (Burma), irrespective of their ethnic or religious background. Myanmar is a multi-ethnic, multi-cultural and multi-lingual country. The Burmese government officially recognises 135 ethnic groups, who are grouped into eight 'national races,' namely the Bamar (Burmans), Shan, Karen, Rakhine (Arakanese), Mon, Kachin, Chin, and Kayah (Karenni). Many ethnic and ethnoreligious communities exist outside these defined groupings, such as the Burmese Chinese and Panthay, Burmese Indians, Anglo-Burmese, and Gurkhas.
Japanese foreign policy toward Southeast Asia, the diverse region stretching from South Asia to the islands in the South Pacific Ocean, was in part defined by Japan's rapid rise in the 1980s as the dominant economic power in Asia. The decline in East-West and Sino-Soviet tensions during the 1980s suggested that economic rather than military power would determine regional leadership. During the decade, Japan displaced the United States as the largest provider of new business investment and economic aid in the region, although the United States market remained a major source of Asia-Pacific dynamism.
Japan emerged as one of the largest foreign aid donors in the world during the 1980s.
The Fukuda Doctrine is a Japanese foreign policy doctrine, based on a 1977 speech by Japanese Prime Minister Takeo Fukuda, stating that Japan would never become a military power. On the contrary, the policy proposes to enhance relations with Southeast Asian countries in wide-ranging fields, as well as to increase cooperation with the Association of Southeast Asian Nations (ASEAN) and its member countries. The Fukuda Doctrine serves as the foundation of Japanese diplomacy toward the rest of Asia.
Thailand officially adopted a neutral position during World War II until the five hour-long Japanese invasion of Thailand on 8 December 1941, which led to an armistice and military alliance treaty between Thailand and the Japanese Empire in mid-December 1941. At the start of the Pacific War, the Japanese Empire pressured the Thai government to allow the passage of Japanese troops to invade British-held Malaya and Burma. After the invasion, Thailand capitulated. The Thai government under Plaek Phibunsongkhram considered it profitable to co-operate with the Japanese war efforts, since Thailand saw Japan – who promised to help Thailand regain some of the Indochinese territories which had been lost to France – as an ally against Western imperialism. Following added pressure from the start of the Allied bombings of Bangkok due to the alliance with Japan, Thailand declared war on the United Kingdom and the United States and annexed territories in neighbouring countries, expanding to the north, south, and east, gaining a border with China near Kengtung.
Extremely Severe Cyclonic Storm Nargis was an extremely destructive and deadly tropical cyclone that caused the worst natural disaster in the recorded history of Myanmar during early May 2008. The cyclone made landfall in Myanmar on Friday, 2 May 2008, sending a storm surge 40 kilometres up the densely populated Irrawaddy delta, causing catastrophic destruction and at least 138,373 fatalities. The Labutta Township alone was reported to have 80,000 dead, with about 10,000 more deaths in Bogale. There were around 55,000 people missing and many other deaths were found in other towns and areas, although the Myanmar government's official death toll may have been under-reported, and there have been allegations that government officials stopped updating the death toll after 138,000 to minimise political fallout. The feared 'second wave' of fatalities from disease and lack of relief efforts never materialised. Damage was at $12 billion, making Nargis the costliest tropical cyclone on record in the North Indian Ocean at the time, before that record was broken by Cyclone Amphan in 2020.
A cash transfer is a direct transfer payment of money to an eligible person. Cash transfers are either unconditional cash transfers or conditional cash transfers. They may be provided by organisations funded by private donors, or a local or regional government.
Sex trafficking in Thailand is human trafficking for the purpose of sexual exploitation and slavery that occurs in the Kingdom of Thailand. Thailand is a country of origin, destination, and transit for sex trafficking. The sexual exploitation of children in Thailand is a problem. In Thailand, close to 40,000 children under the age of 16 are believed to be in the sex trade, working in clubs, bars, and brothels.
Civil-military relations in Southeast Asia vary from nation to nation, but possess consistent themes in military dominance and control in several sectors of every country's secular operations. In several Southeast Asian countries, such as Indonesia and Thailand, the military exerts its influence in economic affairs as well, with former military officials running many vital corporations and industries in both nations. In the broadest sense, the way that military command corresponds to civil governance, and in particular how the military potentially possesses executive power in these different countries, comprises this area of interest.
In 2015, hundreds of thousands of Rohingya people were forcibly displaced from their villages and IDP camps in Rakhine State, Myanmar, due to sectarian violence. Nearly one million fled to neighbouring Bangladesh and some travelled to Southeast Asian countries including Malaysia, Indonesia, Cambodia, Laos and Thailand by rickety boats via the waters of the Strait of Malacca, Bay of Bengal and the Andaman Sea.
Myanmar, officially joined the International Monetary Fund (IMF) as of January 3, 1952; shortly before the end of term for the Union of Myanmar's first President, Sao Shwe Thaik, and the induction of Ba U. Since the induction of Myanmar as a member of the institution, they have made six arrangements with the IMF with its most recent arrangement made in 1981. As of 2019, they are currently led by Kyaw Kyaw Maung and Alternate U Soe Thein; their Special Drawing Rights (SDR) is at 0.79 million and quota consists of $516.8 million SDR which is 0.11% of the total IMF funds available. As of 2019, the country is under one of the twenty-four Executive Boards that facilitates the day-to-day operations of the IMF, led by Alisara Mahasandana and Alternate Keng Heng Tan; their co-board members consist of Brunei Darussalam, Cambodia, Republic of Fiji, Indonesia, Laos, Malaysia, Nepal, Philippines, Singapore, Thailand, Tonga, and Vietnam. The Executive Board accumulates around 218,545 total votes which account for 4.34% of the Fund's total, Myanmar allocates 6,633 of the votes.
This article incorporates text from this source, which is in the public domain . Country Studies. Federal Research Division.