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Thai State and Middle Classes after 1997 Economic Crisis

Puttasri, Somkid LU (2011) EKHR13 20111
Department of Economic History
Abstract
The 1997 East Asian Economic Crisis not only significantly affected the
macroeconomy, but also opened a new era for the political economy in Thailand. This
paper tries to explore this new era from various theoretical points of view. One crucial
feature in this new era is the 1997 Constitution. The argument is that under the new
political institution, the Thai state was, on the one hand, in a relatively strong position
to shift itself towards being a developmentalist state; on the other, it also generated
rent-seeking behaviour. This study examines the case of Thaksin Shinawatra and his
government. The paper is also concerned with the distribution of resources among the
Thai middle classes and suggests that the conflicts of interest... (More)
The 1997 East Asian Economic Crisis not only significantly affected the
macroeconomy, but also opened a new era for the political economy in Thailand. This
paper tries to explore this new era from various theoretical points of view. One crucial
feature in this new era is the 1997 Constitution. The argument is that under the new
political institution, the Thai state was, on the one hand, in a relatively strong position
to shift itself towards being a developmentalist state; on the other, it also generated
rent-seeking behaviour. This study examines the case of Thaksin Shinawatra and his
government. The paper is also concerned with the distribution of resources among the
Thai middle classes and suggests that the conflicts of interest between them were a
crucial cause of the political crisis and, finally, stalled economic performance. (Less)
Please use this url to cite or link to this publication:
author
Puttasri, Somkid LU
supervisor
organization
course
EKHR13 20111
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Thailand, State, Middle classes, Institutions, Thaksin Shinnawatra
language
English
id
2158466
date added to LUP
2011-10-11 16:16:57
date last changed
2011-10-11 16:16:57
@misc{2158466,
  abstract     = {The 1997 East Asian Economic Crisis not only significantly affected the
macroeconomy, but also opened a new era for the political economy in Thailand. This
paper tries to explore this new era from various theoretical points of view. One crucial
feature in this new era is the 1997 Constitution. The argument is that under the new
political institution, the Thai state was, on the one hand, in a relatively strong position
to shift itself towards being a developmentalist state; on the other, it also generated
rent-seeking behaviour. This study examines the case of Thaksin Shinawatra and his
government. The paper is also concerned with the distribution of resources among the
Thai middle classes and suggests that the conflicts of interest between them were a
crucial cause of the political crisis and, finally, stalled economic performance.},
  author       = {Puttasri, Somkid},
  keyword      = {Thailand,State,Middle classes,Institutions,Thaksin Shinnawatra},
  language     = {eng},
  note         = {Student Paper},
  title        = {Thai State and Middle Classes after 1997 Economic Crisis},
  year         = {2011},
}