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BANGKOK 25 April 2019 01:25
Jonathan Fairfield

Farang husbands providing massive boost to Isaan economy

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And that's where the 50% GDP expats make up goes.

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Very interesting.

These figures are huge!

I wonder what Isaan would be like without all this funding from Farangs?

Isarn would have 50 % less Pick-up Trucks, 10 % less family houses with solid roofs and walls and people would probably get excited to see the first man made ice cube.

We have in our village at least 60-70 new pickups but only one farang contributed to a pickup but not far from us is a village with around 20 houses and yes the farang bought a pickup on finance in his wife name on 7 years.

We farang are in a minority and we contribute maybe 0.5% to the economy in Isaan in terms of marrying or living with a lassie from Isaan.

The university should put a study up of how much the hookers from Isaan contribute to the economy of Isaan and we could easily reach 300-500 billion Baht per year. Those are the driving force of the development of Isaan.

150,000 hookers x 3 clients a week at 3000 Baht is 1.3 billion Baht plus a week is over 70 billion Baht alone in 3 clients per week plus all those multiply sponsors, sinsod, houses etc

Try to be a little more humble. Before you walk in this girls shoes, u just don't know how they feel. They are tourist attractions or entertainers.

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Is this a new study?

Or a rehash of one a couple of years old? The thread on TV went 15 or so pages as it would on this topic.

As an aside, the Philippine government acknowledges that money sent home by overseas citizens and former citizens represent almost 10% of GBP (about the same as the tourist industry is worth to the Thai GDP). This includes overseas workers as well as those who have married and moved away.

We had a number of Filipino workers here over the years. We were required to send 70% of their salary directly to their bank in the Philippines. They could draw up to 30% of their pay in country if they so chose. Their government could also dictate where they could, and couldn't, work and prevent them from leaving the country if it looked like they were heading to a banned country.

As for the contribution foreigners make to the Isaan economy, we'd need to see what the GDP is for that area in order to determine if this amount represents that large of a contribution. I recall crunching some numbers not long ago to try and determine the overall contribution "long term" stayers had on the Thai economy as a whole, and it turns out they were nowhere near the "economic" force they thought they were.

9 billion is a large number of course, but needs to be taken in context. For example "Although Isaan accounts for around a third of Thailand’s population and a third of its area, it produces only 8.9% of GDP. Its economy grew at 6.2% per annum during the 1990s."

The latest numbers I see show the Thai GDP as - THB11.375 trillion (USD366 billion)(2012). If you attribute 10% of that to coming from Isaan that means the whole contribution from the region is about 1.14 trillion.

9 billion from foreigners would represent about 0.79 % of that total.

To put it another way, Isaan has a population of approx 22 million. 9 billion would equal about 410 baht per person (per year). Not exactly earth-shattering.

Well this shoots the study right out of the water. Teacher must have been using made up numbers.

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9 billion is a large number of course, but needs to be taken in context. For example "Although Isaan accounts for around a third of Thailand’s population and a third of its area, it produces only 8.9% of GDP. Its economy grew at 6.2% per annum during the 1990s."



The latest numbers I see show the Thai GDP as - THB11.375 trillion (USD366 billion)(2012). If you attribute 10% of that to coming from Isaan that means the whole contribution from the region is about 1.14 trillion.



9 billion from foreigners would represent about 0.79 % of that total.



To put it another way, Isaan has a population of approx 22 million. 9 billion would equal about 410 baht per person (per year). Not exactly earth-shattering.



So as you have all the figures, Can you advise how much of these trillions are distributed to the Isaan population and by what means. I am sure the 9 billion goes to many of them directly. and a fair bit indirectly


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Finally I learned where they breed lonely old men turning into customers:

most foreign men marrying women from north east Thailand came from the United Kingdom, Netherlands, Germany, Sweden and Switzerland.

Americans know better!! No new house for the G/F, no new "Family" Store, and last but not least, no new Pickup for daddy.thumbsup.gif

Ok to have some fun, but don't be a fool as seen here many times on TV.clap2.gif

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I am married to a thailady from Isaan.....I am a provider to the Isaan-region.....I have spent bog Money for many years, but...

will I get something back from Thailand ???? No....absolutely not !! Please give me a lengthy VISA without hassle....give me the right to own laand in my very own name.....PLEASE !!!

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!!!! MUGS !!!! cheesy.gifwacko.png

And some Farang's still argue that they are not wanted for their money

I can hear it now she loves me it's not my money she's after

cheesy.gifcheesy.gif

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Very interesting.

These figures are huge!

I wonder what Isaan would be like without all this funding from Farangs?

Isarn would have 50 % less Pick-up Trucks, 10 % less family houses with solid roofs and walls and people would probably get excited to see the first man made ice cube.

We have in our village at least 60-70 new pickups but only one farang contributed to a pickup but not far from us is a village with around 20 houses and yes the farang bought a pickup on finance in his wife name on 7 years.

We farang are in a minority and we contribute maybe 0.5% to the economy in Isaan in terms of marrying or living with a lassie from Isaan.

The university should put a study up of how much the hookers from Isaan contribute to the economy of Isaan and we could easily reach 300-500 billion Baht per year. Those are the driving force of the development of Isaan.

150,000 hookers x 3 clients a week at 3000 Baht is 1.3 billion Baht plus a week is over 70 billion Baht alone in 3 clients per week plus all those multiply sponsors, sinsod, houses etc

Try to be a little more humble. Before you walk in this girls shoes, u just don't know how they feel. They are tourist attractions or entertainers.

Why, all it is, its a business transaction.

Edited by MobileContent
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they are coming from nothern countries: United Kingdom, Netherlands, Germany, Sweden and Switzerland. you can make your own conclusions....

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I once googled "what if there were no borders?" Very interesting. There is a century of detailed econometrics that that have been studied by economists in America and Europe, which experienced mass migration. Despite common perception wages were not affected significantly. On the other hand the economic advantage to the country of migration is massive. Like today a Thai cook who makes 4000 baht a month in BKK can easily make that in one or two days in Los Angeleles. Yes there are Many jobs here that might go to farang but comparitively few that would be willing filled at the prevailing local wage that would disadvantage a local. Imagine somebody from Norway that wishes to work at 7-11? How many would have the Thai language ability required that would care to work for that wage? Or a Frenchman who wants to be a rice farmer? Sure there are a few, but there are plenty of kids in Khon Kaen who could be computer programmers in France with bo extra training.

Thailand should give up labor protectionism and instead seek more liberal arrangements with various countries.

Edited by arunsakda
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Those the 9 Billion include the amounts in money, properties(land and/or house), cars and other things, that where stolen from sucker farangs, of whom we read many stories here on TV?

I don't remember many. I think you are the only one recently.

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Nine billion baht, well who would have thought that, thats extroardinary, wonder what the Govt will make of that . eh.

A large part of the economy in the North is being supported by falang , ok mostly old guys ,chasing the young brides , but without them , the girls parents would still be living in the dark ages !

No Thai Govt in the past would have paid any attention to this, on the contrary , one Minister wanted a ban put on falang over 50 marrying a thai bride much younger than him.

Thailand, the more i hear ,the worse (or better ) it gets, what state are you really in, you have ignored your fellow thai's in the North forever, and have let the falang be the provider.

How internationally embarrassing would that be for most other civilised Nations, the mind ,yet again boggles !

Shame on you , bay boys and girls . lol

Edited by phanangpete

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