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The Regional Development Policy of Thailand and Its Economic Cooperation with Neighboring Countries

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  • Tsuneishi, Takao

Abstract

Thailand has recently strengthened its economic policy toward its neighboring countries in coordination with domestic regional development. It is widely recognized that economic cooperation with neighboring countries is essential in preventing the inflow of illegal labor and effectively utilizing labor and resources through the relocation of production bases. This direction is strengthened by elaborating the GMS-EC and the ECS (Economic Cooperation Strategy). In addition, economic dependency of the neighboring countries on Thailand is generally high. In this report, firstly, Thai regional development policy will be made clear in relation to its economic policy toward neighboring countries as well as the status quo of the industrial estates. Secondly, Thai policy toward the neighboring countries is examined referring to the concept of wide-ranging economic zones, regional economic cooperation and special border economic zones. Thirdly, the paper will discuss how closely the economies between Thailand and the neighboring countries are related through trade and investment. Lastly, some implications on Japan's economic cooperation will also be explored.

Suggested Citation

  • Tsuneishi, Takao, 2005. "The Regional Development Policy of Thailand and Its Economic Cooperation with Neighboring Countries," IDE Discussion Papers 32, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper32
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    Citations

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    Cited by:

    1. Ishida, Masami, 2005. "Effectiveness and Challenges of Three Economic Corridors of the Greater Mekong Sub-region," IDE Discussion Papers 35, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    2. Arkadiusz Michał Kowalski & Marta Mackiewicz, 2021. "Commonalities and Differences of Cluster Policy of Asian Countries; Discussion on Cluster Open Innovation," JOItmC, MDPI, vol. 7(1), pages 1-14, January.
    3. Tsuneishi, Takao, 2008. "Development of Border Economic Zones in Thailand: Expansion of Border Trade and Formation of Border Economic Zones," IDE Discussion Papers 153, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    4. Phattraporn Soytong & Ranjith Perera, 2017. "Spatial analysis of the environmental conflict between state, society and industry at the Map Ta Phut-Rayong conurbation in Thailand," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 19(3), pages 839-862, June.
    5. Tsuneishi, Takao, 2009. "Border Trade and Economic Zones on the North-South Economic Corridor: Focusing on the Connecting Points between the Four Countries," IDE Discussion Papers 205, Institute of Developing Economies, Japan External Trade Organization(JETRO).

    More about this item

    Keywords

    Industrial estates; GMS-EC; ECS; Economic corridors; Border zones; Regional economic cooperation; Regional planning; Development policy; Thailand; Cambodia; Laos; Myanmar; Vietnam; 工業地帯; 域内経済協力; 開発政策; タイ; カンボジア; ラオス; ミャンマー; ベトナム;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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