Recent developments in agriculture have meant that since the 1960s, unemployment has fallen from over 60% to under 10% in the early 2000s.[1] In the same period: food prices halved, hunger decreased (from 2.55 million households in 1988 to 418,000 in 2007) and child malnutrition have greatly reduced (from 17% in 1987 to 7% in 2006).[1] This has been achieved (a) through a mixture of a strong and positive state role in ensuring investment in infrastructure, education and access to credit and (b) successful private initiatives in the agribusiness sector.[1] This has supported Thailand's transition to an industrialised economy.[1]