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About this product
- DescriptionThe 1997 crisis was t only a massive shock but also a major turning point for Asian ecomies. In Thailand, it marked the end of an era when the ecomy was powered by local entrepreneurship. Around a quarter of major business groups were wrecked. Foreign capital poured in. The engine of growth is w an export ecomy 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 parama 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 ecomy.
- Author BiographyPasuk 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.
- PublisherSilkworm Books / Trasvin Publications LP
- Date of Publication14/05/2008
- SubjectSocial Studies: General
- Place of PublicationChiang Mai
- Country of PublicationThailand
- ImprintSilkworm Books
- Content Note32 figs.
- Weight295 g
- Width140 mm
- Height216 mm
- Spine22 mm
- Edited byChris Baker,Pasuk Phongpaichit
- Format DetailsTrade paperback (US)
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