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SOCIOCULTURAL A unified Thai Kingdom was in the mid-14th century Known as Siam until 1939 Thailand is the only Southwest Asian country never to have been taken over by a European power A bloodless revolution in 1932 led to a constitutional monarchy In alliance with Japan during World War2 Thailand ally following the conflict GEOGRAPHY Climate Tropical rainy warm cloudy southwest monsoon mid May to September dry cool northeast monsoon November to mid-March southern isthmus always hot and humid Natural resources Tin rubber natural gas tungsten tantalum timber lead fish gypsum lignite fluorite arable land Land use Arable land 3288 permanent crops 7 other 6012 Geography note Controls only land route from Asia to Malaysia and Singapore PEOPLE Population64865523 July 2004 Population growth rate091 2004 LanguagesThai English secondary language of the elite ethnic and regional dialects GOVERNMENT Government typeConstitutional monarchy Legal systemBased on civil law system with influence of common law has not accepted compulsory ICJ jurisdiction ECONOMY Thailand has a free-enterprise economy and welcomes foreign investment Exports feature textiles and footwear fishery products rice rubber jewelry automobiles computers and electrical appliances Thailand has recovered from the 1997-98 Asian Financial Crisis and was one of East Asias best performers in 2002 Increased consumption and investment spending and strong export growth pushed GDP growth up to 63 in 2003 despite a sluggish global economy The highly popular government has pushed an expansionist policy including major support of village economic development Economics growth Nowadays many countries use GDP growth to measure their economics growth Gross domestic product GDP is value of all final goods and services produced within a nation in a given year As explained before that Thailand was hit by regional crisis in 1997-98 the crisis caused the fluxtuation of Thailand GDP as shown in the Table 1 and Graph 1 below Table 1 Thailand GDP growth from 1994-2003 GDP 1994199519961997199819992000200120022003 Thailand908959-17-1024248215467 Sources
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