Thai State and Middle Classes after 1997 Economic Crisis
(2011) EKHR13 20111Department 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:
http://lup.lub.lu.se/student-papers/record/2158466
- author
- Puttasri, Somkid LU
- supervisor
- organization
- course
- EKHR13 20111
- year
- 2011
- 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}}, language = {{eng}}, note = {{Student Paper}}, title = {{Thai State and Middle Classes after 1997 Economic Crisis}}, year = {{2011}}, }