Comparative Similarities Between India And Thailand

From 2003-2004 to 2006-2007, annual Real Growth Rate increases from 8.4% to 9.7%. Because of the summer’s credit-market crisis, the Indian GDP Growth decrease to 9.0% from 2007 to 2008 and Indian government estimates GDP Growth for 2008-2009 is 7.1%. The decrease of GDP ascribes the global financial crisis which affects India primarily through trade and capital outflows (The World Bank, 2008:16). On trade, exports are possible to weaken and make its contribution to GDP growth may be drop sharply. However, during

The way Hinduism and Buddhism entered Southeast Asia was not the same, as well as when it entered and its influence of Indian culture that emerged into the area. Civilizations in Southeast Asia focused on an appreciation to nature, which resulted in a harmonious and equal relationship between man and nature. Southeast Asia had been depicted and known as the “golden island.” These Southeast Asian civilizations were characteristically composed from Hindu and Buddhist ways of life that influenced its people greatly. As Buddhism processed its way into Southeast Asia, the religion became culturally grounded once the people practiced it. Hinduism and Buddhism in Southeast Asia were influenced by Indian culture, which was accepted by the rulers

8. Indian influence registered in Southeast Asia by causing political change. Its rulers became more ambitious due to the wealth accrued and tried to construct larger more centrally governed cities and states. Local people were attracted to foreign religious ideas like Confucianism or Buddhism.The inland states of Southeast Asia were more reliant on domestically preduced rice particiaped in international trade and many of them flourished. Trade also spread Indian culture across Southeast Asia. Indian alphabets were used to write numbers and Indian artistic forms provided models for Southeastern sculptures. Southeast Asia also adopted the Indian philosophy of rulers being “good-kings” and having good morals. Rulers

A complex society is an organized and well developed community that is made up of a

In South Asia and Southeast Asia changes occurred due to the Indian Ocean trade network between 500 CE to 1450 CE economically, culturally, and politically. Some similarity the South Asia and the Southeast Asia contained was a strong economy by specialization as trade became more prominent. Once the Indian Ocean trade basin became more notable, culturally, religions Buddhism, and Islam, as well as adapting to some of Indian political tradition became a gradual change. Some difference is how the Southeastern Asia used their advantage with their dependency on maritime trade. As well as establishing Hindu temples as a center of economic and social means in addition to developing a more flexible caste system from India.

When I, Marisa think about international trade one country comes to mind; Japan because Japan manufactures cars or electronics for example for America but it needs from us metals like iron and copper. Without us trading back and forth with Japan both sides would be hurting economy. In which I, Marisa will be going over more in detailed but first I, Marisa need to know the relation between international trade and world output, describe the broad pattern of international trade, if the nations of the world were to suddenly cut

Global growth is an increase in the amount of goods and services produced per head. The graph shows that there is a clear correlation between global economic growth and international trade. Up until 1990 to 2008 both global economic growth and international trade steadily increased. However in 2008 when there was a global recession world exports where 16000bn which surpassed world GDP which was 70,000bn. After 2008 both world exports and world GDP fluctuated, in 2010 world exports decreased however it slowly increased to exceed world GDP. Currently both are at the same point on the graph with world exports at 19000bn and world GDP at 80,000. Therefore the graph demonstrates a clear causal link between global growth and global

The Indian Ocean has always been a power trading region, a passageway between​ regions of the world that enfluenced the spread of languages, religion, and even people along with econmic views and technology. During the rise and fall of important empires, trade routes have changed and domination has changed hands plenty of times over history. While the goods traded have stayed about the same, the traders and the powers behind them changed from 7th to 17th century.

India is a country that shares many similarities and differences with the United States. Although, the population size in India is more than double the number in the US, they both use the same type of resources differing in the amount available for use. In India, religion had a major influence on conserving natural resources between 500 BCE and 300 CE. In common, the amount of food available between those times was abundant, implying that there was no shortage of water. With the decline in religious beliefs by 400 CE, there was a drop in agriculture due to the lack of water resources. In the Indian culture religion plays a big role in their lives, which has an effect on the conservation and preservation of the natural resources. The river

In Classical India and Classical China, the development of institutions and traditions were very different yet very similar in many ways. For instance, India and China both put women below men and considered merchants as a middle class. However, they differed in areas such as centralized government. Outside of the Mauryas and the Guptas, India was run by the religion-based caste system while China had a very centralized government, except for the Warring States period and the Three Kingdoms period. If you look closely, Classical China and Classical India are like opposites drawn in the same colours. They both socially stratified their people in ways dictated by their beliefs but while India made it impossible to move any way but down, China allowed movement in any direction through the pyramid of society if you could earn it. Furthermore, while China worshipped their ancestors and looked to learn from the past, India believed in reincarnation and looked to the future.

The population of the Asia region of the world contributes a massive amount of exporting goods, and global business as a whole. The sheer number of people consuming goods that must be imported to support the large population force the need for trade with other regions. The demand for resources is high and the need to develop strong trade relations with other countries is vital to the continued growth and success of Asian countries.

Thailand may be overcrowded with tourists, but it has thousands of fascinating locations that make it the perfect holiday destination. When you say Thailand, you automatically think about beachside bungalows, luxury spa retreats, white sand beaches, and crystal clear water. However, this country means more than that. Thailand is about wild nature, diversity, tuk tuks, monks, temples, communism, astonishing views, markets, craziness, diving, street vendors, giant Buddhas and the list can easily go on.

Many ethnic groups in the region are relatively new to Thailand, many within the Kingdom of Lanna which was integrated in the late nineteenth century. The mountainous region that northern Thailand is famous for comes out of this land. Other ethnic groups have crossed into Thailand from Burma, Tibet, China, and other countries to escape economic and political unrest.

As a result of the financial crisis, the currency of Asian countries became weak against other currencies. This made the countries stop engaging in international trade as a result of poor returns. However, in the recent years, credit markets in Asia have emerged and domestic demand of goods and services has softened (Levinson, 2009). It is a sensitive sector that has been heightened by good strategies related to export that were taken by many countries.

The booming in the Thai’s economy came to discontinue in the middle of a massive layoffs in finance, real estate, and construction that resulted in an enormous numbers of workers returning to their villages in the countryside and 600,000 foreign workers being sent back to their home countries. The baht devalued quickly and lost more than half of its value, it reached to its lowest point of 56 units to the US dollar in January 1998, furthermore, the stock market has plunged 75%.