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Bioeconomy as a new S-curve for Thai economy.
- Source :
-
Agricultural Economics / Zemědělská Ekonomika . 2017, Vol. 63 Issue 9, p430-439. 10p. - Publication Year :
- 2017
-
Abstract
- Thai economic growth lags behind all other ASEAN countries because its export dependence along with the political and economic vulnerabilities. With the growing bioeconomy worldwide, Thailand needs a clear bioeconomy roadmap as a new growth engine for its economy. Four potential clusters to build bioeconomy in Thailand include the bioenergy, bio-based industry, bio-food and bio-agriculture, and bio-medicine and health. There are roadmaps for only the first two clusters. The paper discusses the potential bio-based products for the bio-food and bio-agriculture as well as bio-medicine and health and proposes the use of the Pracharath strategy to build bioeconomy in Thailand with the main objective of creating the sustainable economy. Since a smart community is a key driver for the sustainable economy, five steps to smart community proposed in the paper will immune communities in the rural area of Thailand, make them self-reliant, and remove the dependency culture. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0139570X
- Volume :
- 63
- Issue :
- 9
- Database :
- Academic Search Index
- Journal :
- Agricultural Economics / Zemědělská Ekonomika
- Publication Type :
- Academic Journal
- Accession number :
- 125190986
- Full Text :
- https://doi.org/10.17221/78/2016-AGRICECON