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Thailand has been deemed to be too rich to produce a generic version of the anti-viral drug Molnupiravir that reduces the negative effects of Covid-19 infections. Merck, the producer of the drug, had made an agreement to license the virus-fighting drug to production companies in poor countries to help in dealing with the Covid-19 pandemic. But the World Bank has classified Thailand as an upper-middle-income economy, wealthier than other neighbouring members of ASEAN like Cambodia, Indonesia, Laos, Myanmar, the Philippines, and Vietnam. As such, they do not qualify for the program to save money and produce Molnupiravir cheaply to treat […]

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Exactly the same thing applied to the Covax programme, excluding Thailand from free vaccines.

You'd think the UN would be capable of setting a graduated or sliding scale for this type of thing rather than a black or white / rich or poor binary classification.

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Indonesia is wealthier than Thailand by a wide margin so where are they getting their figures from ?

Unless whoever wrote it just slipped them in as they're a neighbour ?

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9 minutes ago, Benroon said:

Indonesia is wealthier than Thailand by a wide margin so where are they getting their figures from ?

Unless whoever wrote it just slipped them in as they're a neighbour ?

Figures based on how many submarines you can buy.

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9 minutes ago, Benroon said:

Indonesia is wealthier than Thailand by a wide margin so where are they getting their figures from ?

Unless whoever wrote it just slipped them in as they're a neighbour ?

Hi Benroon, I am Indonesian and my feeling is Thailand is richer. How to measure the ranking?

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As long as it's going to be generically produced in an ASEAN or friendly country, it's going to end up here at a lower price. Probably not immediately. And a shame that the report provides a cover for the price already, as it nicely excuses that some might add a margin. But as soon as production is up and running some of it will find it's way here.

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13 minutes ago, Benroon said:

Indonesia is wealthier than Thailand by a wide margin so where are they getting their figures from ?

Unless whoever wrote it just slipped them in as they're a neighbour ?

Maybe based it on the bank account balance of the PM and his cronies.

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18 minutes ago, Benroon said:

Indonesia is wealthier than Thailand by a wide margin so where are they getting their figures from ?

Unless whoever wrote it just slipped them in as they're a neighbour ?

The BBC did an interview with President Joko Widodo yesterday and he stated that Indonesia expect a 4.5 to 4.7% growth in GDP over the next 12 months. Indonesia is allegedly the richest of S E Asian Countries.

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3 minutes ago, yetanother said:

"But the World Bank has classified Thailand as an upper-middle-income economy"

80% of what i see in thailand screams the opposite

The world bank never look outside of Bangkok when assessing Thailand. Perhaps a trip around some rural areas might change their opinion.

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15 minutes ago, Griff1315 said:

Maybe based it on the bank account balance of the PM and his cronies.

I'm sure TAT gave the figures out to the world bank 

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48 minutes ago, Benroon said:

Indonesia is wealthier than Thailand by a wide margin so where are they getting their figures from ?

Unless whoever wrote it just slipped them in as they're a neighbour ?

I very much doubt that Indonesia is richer than Thailand. You meant another country or ?

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24 minutes ago, Wackamole said:

I very much doubt that Indonesia is richer than Thailand. You meant another country or ?

I was curious by this discussion so I just Googled it.

Thailand

GDP 544.3 billion USD

Population 69.6 million

GDP/Pers 7820 $

Indonesia

GDP 1,119,000 billon USD

population 270.6 million

GDP/Pers 4135 $

So yeah,  thailand is twice as wealthy as Indonesia.

 

Wether people think GDP/Pers is a good measure or not I won't get into. If people like Bhutans lead on gross domestic happiness, I will leave that to y'all, I was just crunching numbers

Edited by Tjampman
I was searching for 2019 figures for my calculations
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for things to be comparable it is necessary to bring back to the inhabitants, those who produce this wealth. even if it is very unlikely for Saudi Arabia

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5 hours ago, spicy_girl said:

Hi Benroon, I am Indonesian and my feeling is Thailand is richer. How to measure the ranking?

Hi

via GDP (what your economy is worth)  

Thailand GDP is $536 BILLION

Indonesia GDP is $1.16 TRILLION

You are considerably richer - infact Indonesia is the 16th richest country in the world (Thailand 26th)

 

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4 hours ago, Tjampman said:

I was curious by this discussion so I just Googled it.

Thailand

GDP 544.3 billion USD

Population 69.6 million

GDP/Pers 7820 $

Indonesia

GDP 1,119,000 billon USD

population 270.6 million

GDP/Pers 4135 $

So yeah,  thailand is twice as wealthy as Indonesia.

Wether people think GDP/Pers is a good measure or not I won't get into. If people like Bhutans lead on gross domestic happiness, I will leave that to y'all, I was just crunching numbers

Eh ? You mean Indonesia is twice as wealthy as Thailand right ? 

Edit - ah I see what you did - but the wealth of a nation is calculated as GDP - else you could break the per person figure down ad finitum working/not working/age demographic etc etc 

 

 

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1 hour ago, Benroon said:

Edit - ah I see what you did - but the wealth of a nation is calculated as GDP - else you could break the per person figure down ad finitum working/not working/age demographic etc etc 

GDP alone is an absolute measurement, and only specify the size of the economy, if you don't use a per capita basis, you cannot really use it for a comparison of any kind of richness.

 

I don't feel I manipulated any data - I think GDP per Capita is a pretty standard.

 

But like I alluded to with reference to Bhutan, and as you are saying, it doesn't say anything about the skewing of wealth within a country.

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I actually think Westerners should keep out of this discussion. It’s bordering on sad. More like a discussion on who is the most poor rather than who is most wealthy. When you are genuinely wealthy you just don’t need to advertise it or debate it

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