8. DECENT WORK AND ECONOMIC GROWTH

Thailand GDP expands 4.5% in Q3, buoyed by tourism

Thailand GDP expands 4.5% in Q3, buoyed by tourism
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Thailand GDP expands 4.5% in Q3, buoyed by tourism  Nikkei Asia

Thailand GDP expands 4.5% in Q3, buoyed by tourism

BANGKOK Tourism Boosts Thailand’s GDP and Personal Consumption

The National Economic and Social Development Council (NESDC) announced on Monday that Thailand’s gross domestic product (GDP) expanded by 4.5% year-on-year in the third quarter, thanks to a reinvigorated tourism sector. This growth not only positively impacted the country’s economy but also provided a significant boost to personal consumption.

Sustainable Development Goals (SDGs)

  1. Goal 8: Decent Work and Economic Growth
  2. Goal 12: Responsible Consumption and Production
  3. Goal 17: Partnerships for the Goals

Despite inflation taking a toll, the tourism sector’s performance aligns with several Sustainable Development Goals (SDGs). Goal 8, which focuses on decent work and economic growth, is directly supported by the increase in GDP and the creation of employment opportunities in the tourism industry. Additionally, Goal 12, which promotes responsible consumption and production, is addressed through the boost in personal consumption resulting from the growth in tourism. Finally, Goal 17, which emphasizes partnerships for the goals, is exemplified by the collaboration between the government and the tourism sector to drive economic development.

SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 8: Decent Work and Economic Growth 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products No specific indicators mentioned in the article
SDG 12: Responsible Consumption and Production 12.8: By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature No specific indicators mentioned in the article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 8: Decent Work and Economic Growth
  • SDG 12: Responsible Consumption and Production

The article discusses the reinvigoration of Thailand’s tourism sector, which has contributed to the country’s economic growth and boosted personal consumption. This aligns with SDG 8, which focuses on promoting decent work and economic growth. Additionally, the article mentions the impact of inflation, indicating a connection to SDG 12, which aims to promote responsible consumption and production.

2. What specific targets under those SDGs can be identified based on the article’s content?

  • Target 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products
  • Target 12.8: By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature

Based on the article’s content, the specific targets that can be identified are Target 8.9, which focuses on promoting sustainable tourism that creates jobs and promotes local culture and products, and Target 12.8, which aims to ensure that people have the relevant information and awareness for sustainable development and lifestyles in harmony with nature.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

No specific indicators are mentioned or implied in the article that can be used to measure progress towards the identified targets.

The article does not provide specific indicators that can be used to measure progress towards Target 8.9 or Target 12.8. However, potential indicators for measuring progress towards Target 8.9 could include the number of sustainable tourism policies implemented, the increase in jobs created in the tourism sector, and the promotion of local culture and products. For Target 12.8, indicators could include the level of awareness and knowledge among people regarding sustainable development and lifestyles in harmony with nature.

4. SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 8: Decent Work and Economic Growth 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products No specific indicators mentioned in the article
SDG 12: Responsible Consumption and Production 12.8: By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature No specific indicators mentioned in the article

Copyright: Dive into this article, curated with care by SDG Investors Inc. Our advanced AI technology searches through vast amounts of data to spotlight how we are all moving forward with the Sustainable Development Goals. While we own the rights to this content, we invite you to share it to help spread knowledge and spark action on the SDGs.

Fuente: asia.nikkei.com

 

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