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Educational Finance in Thailand - UNESCO Bangkok

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F<strong>in</strong>al Report, Volume II/3 Anthony. Cresswell: <strong>Educational</strong> <strong>F<strong>in</strong>ance</strong> <strong>UNESCO</strong>-PROAP TA 2996-THA<br />

Education Management and <strong>F<strong>in</strong>ance</strong> Study July 1999<br />

the commitment to education and therefore the absolute size of the education share will<br />

rema<strong>in</strong> high, becom<strong>in</strong>g a larger percentage of the total government budget. By contrast <strong>in</strong><br />

periods of more rapid economic growth, say 1986-98, the education share drops. The<br />

same pattern is observed <strong>in</strong> the latest period, <strong>in</strong> which the economy slows and the<br />

education share rises aga<strong>in</strong>.<br />

Figure 10 - Trends <strong>in</strong> Thai education budget as % of GDP<br />

Education as Per Cent of National Budget<br />

30.0%<br />

25.0%<br />

20.0%<br />

15.0%<br />

10.0%<br />

5.0%<br />

0.0%<br />

1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998<br />

% of RTG % of Malaysia % of Indonesia % of Philipp<strong>in</strong>es<br />

c. When compared with other countries, the expenditure on education <strong>in</strong> <strong>Thailand</strong><br />

as a share of the GDP is quite similar, and shows a relatively high level of effort.<br />

However, there is not a s<strong>in</strong>gle group of Asian countries that form a fully<br />

satisfactory comparison group for <strong>Thailand</strong>. S<strong>in</strong>ce <strong>Thailand</strong> is a member of<br />

ASEAN, that group of n<strong>in</strong>e countries forms a basis for regional comparisons.<br />

However, this group also <strong>in</strong>cludes low-<strong>in</strong>come countries (by World Bank<br />

classification) which do not necessarily make for valid comparisons with<br />

<strong>Thailand</strong>, a middle <strong>in</strong>come country. In addition, it is also useful to view<br />

comparisons with higher <strong>in</strong>come countries, such as the OECD members.<br />

<strong>Thailand</strong>’s history of rapid and successful economic development prior to this<br />

f<strong>in</strong>ancial crisis <strong>in</strong>dicate that it can move <strong>in</strong>to the higher <strong>in</strong>come ranges under<br />

favorable circumstances. Planners may also use view policies <strong>in</strong> high-<strong>in</strong>come<br />

countries as targets for development. Therefore the comparisons <strong>in</strong> Figure 11<br />

below are a mix of Asian countries of vary<strong>in</strong>g <strong>in</strong>come levels.<br />

52

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