Thai Capital After the 1997 Crisis PDF ePub eBook

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Thai Capital After the 1997 Crisis free pdf The 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.

About Pasuk Phongpaichit

Pasuk Phongpaichit is professor of economics at Chulalongkorn University, Bangkok. Chris Baker is a writer, editor, translator, and former lecturer at Cambridge University, now living in Thailand.

Details Book

Author : Pasuk Phongpaichit
Publisher : Silkworm Books
Data Published : 14 May 2008
ISBN : 9749511360
EAN : 9789749511367
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 326 pages
Age + : 15 years
Language : English
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