000 02262cam a22003374a 4500
001 15167276
003 OSt
005 20240626143133.0
008 080204s2008 th ab b 001 0 eng
010 _a 2008313521
020 _a9789749511367
040 _aDLC
_cDLC
042 _alcode
043 _aa-th---
050 0 0 _aHC445
_b.T395 2008
082 _a338.9597 BAK
092 _20
245 0 0 _aThai capital :
_bafter the 1997 crisis /
_cedited by Pasuk Phongpaichit and Chris Baker.
260 _aChiang Mai, Thailand :
_bSilkworm Books,
_c2008.
300 _axv, 309 p. :
_bill., map ;
_c21 cm.
504 _aIncludes bibliographical references (p. 279-294) and index.
520 _aThe 1997 crisis was not only a massive shock but also a major turning point for Asian economies. In Thailand, it marked the end of an era when the economy was powered by local entrepreneurship. Around a quarter of major business groups were wrecked. Foreign capital poured in. The engine of growth is now an export economy dominated by multinationals, while domestic capital is confined to service and rentier activities. This book, the product of a four-year project by a dozen researchers, provides a panorama of this jolting change. It examines the fate of major business groups, the changing role of family firms, the transformation of the automotive industry, the invasion of the megastores, the saga of the mobile phone, the success stories of the Crown Property Bureau and Charoen liquor empire, the impact on business and local politics in the provinces, the exploits of Thai multinationals overseas, and the changing interplay between business capital and political power. Finally, it questions whether domestic capital in countries like Thailand has any future in a globalized world economy.
650 0 _aFinancial crises
_zThailand.
651 0 _aThailand
_xEconomic conditions
_y1986-
651 0 _aThailand
_xEconomic policy
_y1986-
700 0 _aPasuk Phongpaichit
700 1 _aBaker, Christopher John,
_d1948-
906 _a7
_bcbc
_corigode
_d3
_encip
_f20
_gy-gencatlg
942 _2ddc
_cBK
_n0
999 _c1674
_d1674