Household Debt of Thai Farmers: Currently Knowledge and Some Observations

Abstract

        This research study is a conceptual paper on the analysis and synthesis of the causes and factors causing household debt of Thai farmers. With the qualitative research approach, the study employed a documentary research to conduct the study. The secondary sources such as the relateddocuments, books and textbooks including the previous published research studies were studied, analysed and reviewed on the theories and notions involving with the topic. Content systhesis and summary techniques were employed to study and analyze all of the secondary sourceand document. Before analyzing the data, the issues and concepts of the study were determined regarding to the objectives of the study. By going through all process, the data were analysed and synthesized to present the results of the study analytically. The results suggested that the currency obligation or household debt which Thai farmers need to pay back to the creditor was the structural problem influencing by manyfactors combined together. The factors could be determined as following: 1) Personal issues, 2) Social issues, 3) Economy issues, 4) Geographical conditions, 5) Personal’s attitudes and behaviors, 6) Types of debt and 7) Government’s policy.