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23-Apr-2017 06:09

The Thai economy is the world's 20th largest by GDP at PPP and the 27th largest by nominal GDP.It became a newly industrialised country and a major exporter in the 1990s.According to the Encyclopædia Britannica, "A quarter to a third of the population of some areas of Thailand and Burma were slaves in the 17th through the 19th centuries." This has been ascribed to the long succession of able rulers in the past four centuries who exploited the rivalry and tension between the French and British Empire.In 1896, Britain and France guaranteed of the Chao Phraya valley as their buffer state (not the whole of Siam), while the remaining parts of Southeast Asia were colonized by the western powers.

Ayutthaya became one of the most vibrant trading centres in Asia.

Ayutthaya's expansion centred along the Menam while in the northern valleys the Lanna Kingdom and other small Tai city-states ruled the area.

In 1431, the Khmer abandoned Angkor after Ayutthaya forces invaded the city.

The History of the Yuan mentions an embassy from the kingdom of Sukhothai in 1282.

In 1287, three Thai chiefs, Mangrai, Ngam Muang, and Ram Khamhaeng formed a "strong pact of friendship".

Ayutthaya became one of the most vibrant trading centres in Asia.Ayutthaya's expansion centred along the Menam while in the northern valleys the Lanna Kingdom and other small Tai city-states ruled the area.In 1431, the Khmer abandoned Angkor after Ayutthaya forces invaded the city.The History of the Yuan mentions an embassy from the kingdom of Sukhothai in 1282.In 1287, three Thai chiefs, Mangrai, Ngam Muang, and Ram Khamhaeng formed a "strong pact of friendship".Following the decline and fall of the Khmer empire in the 13th–15th century, the Buddhist Tai kingdoms of Sukhothai, Lanna, and Lan Xang (now Laos) were on the rise.