Burma vs ThailandMyanmar v Thailand
Myanmar vs. Thailand - Country Comparison
For 62 years (1824-1886) Britain captured Burma and integrated the land into its Indian Empire. Myanmar was governed as a provincial state of India until 1937, when it became its own self-governing settlement; in 1948, Burma gained sovereignty over the British Commonwealth. Gen. NE WIN ruled the administration from 1962 to 1988, first as army leader, then as self-proclaimed chairman and later as king of politics.
As a reaction to the wide-spread civilian riots, NE WIN retired in 1988, but within a few month the army broke the students' lead protest and took over. In 1990, multi-party ballots resulted in a landslide win for the National League for Democracy (NLD), the most important opponent group. At the end of September 2007, the governing regime violently repressed protest against the higher pro-democracy activist and Buddhaist monk leadership on rising oil costs, killed an unidentified number of individuals and arrested tens of millions for taking part in the rallies.
At the beginning of May 2008, Cyclone Nargis hit Burma, leaving more than 138,000 wounded and ten thousand wounded and displaced. In spite of this drama, the Burmese government continued its recent political referendum in May, the first ballot in Burma since 1990. In January 2011 the country's legislative authority met and elected the former prime minister THEIN SEIN as chairman.
Though the overwhelming majority of the persons nominated by THEIN SEIN were former or present soldiers at the domestic levels, the regime introduced a range of policy and economical changes that led to a significant opening of the long insulated state. Those changes include the release of several hundred Zimbabwean detainees, the signature of a nation-wide ceasefire with several ethnically militarised groups in the state, the continuation of judicial review and the gradual removal of constraints on the media, unification and citizens.
AUNG SAN SUU KYI was appointed to the country's legislation in April 2012, at least in part because of these changes, and became Chairman of the Committee on the Rule of Law and Rest. For 2014, Burma was chairman of the Association of Southeast Asian Nations (ASEAN). The NLD won another ground-breaking win in a failed but largely plausible November 2015 general elections with more than 90 states.
Burma's first credible civil rule after more than five years of military rule was inaugurated on March 30, 2016. In the middle of the 14th cent. a united Thai empire was created. Until 1939 known as Siam, Thailand was the only South East Asia nation that was never colonised by a Euroregion.
Allied with Japan during the Second World War, Thailand became an associate of the USA in 1954, after having sent forces to Korea and later fought alongside the USA in Vietnam. Since 2005 Thailand has seen several waves of civil unrest, among them a 2006 armed conflict that displaced then Prime Minister THAKSIN Chinnawat, followed by large-scale road demonstrations by rival groups in 2008, 2009 and 2010.
THAKSIN's youngest sibling, Chinnawat made the Puea Thai Party an election victory in 2011 and took power over the state. In Bangkok, a general law of last resort for road protesters, amended to cover all policy crime, involving all sentences against THAKSIN, sparked off month-long protest against the Bangkok authorities from November 2013.
YINGLAK was dismissed from power by the Constitutional Court at the beginning of May 2014 and at the end of May 2014 the Royal Thai Army under the leadership of PRAYUT Chan-ocha conducted a putsch against the transitional state. A number of temporary agencies were set up by the provisional army administration to support reforms and draw up a new draft constitutional treaty, which was adopted in a nationwide referenda in August 2016.
PHUMIPHON Adunyadet died in October 2016 after 70 years on the crown; his only begotten offspring, WACHIRALONGKON Bodinthrathepphayawarangkun, took the crown in December 2016. Thailand has also seen violent events in connection with the ethno-nationalist uprising in its main south Malaysian Muslim states. "The" "Land of Tai"""; the significance of ""Tai"" is unknown, but could have been " "people"", ""people"" or ""free people" " " " " Business OverviewSince the move to civil rule in 2011, Burma has started an economical review to attract and reintegrate in the world economies.
Among the country's recent macroeconomic reform initiatives are the introduction of a manageable floating of the country's capital in 2012, the grant of the central bank's operating autonomy in July 2013, the adoption of a new anti-corruption bill in September 2013 and the licensing of nine non-Burma owned commercial banking institutions in 2014 and four additional non-Burma owned banking institutions in 2016. Council of State AUNG SAN SUU KYI and the National League for Democracy, which took over in March 2016, are trying to change the investmentclimate in Burma after US sanctioning was lifted in October 2016 and the Generalized System of Preferences was reintroduced in November 2016.
Burma adopted a reformed FDI bill in October 2016 that consolidated capital expenditure rules and simplified the licensing proces. Since 2011, intergovernmental reform and the ensuing relaxation of most West German penalties have resulted in an acceleration in growth from less than 6% in 2011 to around 7% in 2013 to 2017. Burma's rich biodiversity and young workforce attract FDI in the areas of power, clothing, information technologies and foods and beverages.
In spite of these benefits, the standard of life for the vast majority of those in the countryside has not changed. Myanmar continues to be one of the impoverished nations in Asia - around 26% of the 51 million population lives in extreme poverty. 24% of the population lives in shelters. Burma has been abandoned by the insulationist policy and maladministration of former government economies, with bad infrastructures, indigenous bribery, undeveloped personnel and insufficient availability of funds, requiring a great obligation to turn back.
Burma's authorities have been sluggish in tackling obstacles to the country's economy, such as uncertain property laws, a tight trading license system, an obscure system of collecting revenues and an outdated bank system. The AUNG SAN SUU KYI administration focuses on speeding up farm production and soil reform, modernising and opening up the finance industry and expanding transport and power infrastructures.
Thailand has a relatively well-developed infra-structure, a free business sector and a general policy of investments, and is heavily reliant on export. Thailand's export includes electronic products, raw materials for agriculture, cars and parts, and manufactured food. Thailand has recruited an estimate of 3.0-4.5 million migrants, mainly from neighbouring states.
Thailand has grown strongly in recent years and has significantly alleviated the country's poor. The Thai government introduced a country-wide 300 Bt (about $10) per diem wages rate in 2013 and introduced new fiscal reform aimed at reducing the rate for middle-income workers. However, in recent years the pace of economic expansion has been slowing due to internal turbulence and slowed down due to slow worldwide consumption.
Nevertheless, Thailand's underlying macroeconomic data are solid, with low rates of inflation, low rates of joblessness and adequate amounts of fiscal and foreign indebtedness. The tourist industry and state expenditures - mainly for infrastructures and short-term fiscal policies - have contributed to stimulating the economies, and the Bank of Thailand has assisted with several interest cuts.
Thailand faces longer-term labour bottlenecks and internal indebtedness, policy insecurity and an ageing populace represent threats to economic expansion.