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  1. (-FY2017) Growth and Poverty Reduction
  2. The Second East Asian Miracle?: Political Economy of Asian Responses to the 1997/98 and 2008/09 Crises

Between Economic and Political Crises:Thailand’s Contested Free Trade Agreements

https://doi.org/10.18884/00000666
https://doi.org/10.18884/00000666
5593b063-5142-4dbc-b6d8-dbbadc689232
名前 / ファイル ライセンス アクション
JICA-RI_WP_No.63_2013.pdf JICA-RI_WP_No.63_2013.pdf (425.7 kB)
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Item type 報告書 / Research Paper(1)
公開日 2013-08-01
タイトル
タイトル Between Economic and Political Crises:Thailand’s Contested Free Trade Agreements
言語
言語 eng
キーワード
主題Scheme Other
主題 financial crisis
キーワード
主題Scheme Other
主題 Free Trade Agreements (FTA)
キーワード
主題Scheme Other
主題 political polarization
キーワード
主題Scheme Other
主題 Thaksin Shinawatra
キーワード
主題Scheme Other
主題 Thailand
資源タイプ
資源タイプ識別子 http://purl.org/coar/resource_type/c_18ws
資源タイプ research report
ID登録
ID登録 10.18884/00000666
ID登録タイプ JaLC
報告年度
日付 2013-08-01
日付タイプ Issued
著者 Pongsudhirak, Thitinan

× Pongsudhirak, Thitinan

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en Pongsudhirak, Thitinan

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内容記述タイプ Abstract
内容記述 Notwithstanding the unavoidable adverse impact on its export sector, Thailand weathered the Global Financial Crisis in the late 2000s better than many of its emerging-market peers, owing to structural adjustments and recovery dynamics in the aftermath of its crippling financial crisis a decade earlier. Thailand’s political crisis also dampened what otherwise would have been a more exuberant risk-taking financial sector, thereby keeping exposure to the GFC relatively minimal. Instead, the Thai growth story in the 2000s was dominated not by financial crisis but by political polarization and turmoil arising from former Prime Minister Thaksin Shinawatra’s wide range of policy innovations and adjustments that provide the basis for this paper. His government’s pace of policy formulation and implementation with the aims of structural change and economic upgrading in the Thai economy amidst globalization challenges was bold and unprecedented. This paper sets out to examine the underpinnings, dynamics and implications of Thaksin’s policy platform. Why were such adjustment and upgrading policies considered, formulated and implemented during the Thaksin years but not as much before or after? What were the roots and dynamics of this upgrading? A principal component among the host of such policy innovations and adjustments was Thaksin’s preference for bilateral free-trade agreements. Thaksin’s FTA strategy thus serves as a policy case study. It was instructive of Thailand’s global trade constraints and of Thaksin’s policy assertiveness. Ironically, it ended up providing a rationale for the coalition that deposed him. The overarching aim here is to show how the 1997-98 crisis augured well for Thaksin’s rise, his policy innovations with particular reference to FTAs, and how the subsequent global economic crisis in 2008-09 was incidental to Thailand’s political crisis surrounding Thaksin’s fall.
号
号 Working Paper;63
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