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Well-being capital and government’s intervention to dam’s affected residents: Pak Mun Dam, Thailand

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  • Pattaraphongpan Chaiyamart

    (Natural resources science and management, University of Minnesota, St Paul, Minnesota, USA)

  • William Gartner

    (Applied Economics, University of Minnesota, St Paul, Minnesota, USA)

  • Kristen Nelson

    (Forestry, University of Minnesota, St Paul, Minnesota, USA)

Abstract

Government plays an important role as a well-being capital provider through policies, strategies, or even direct provision to local residents to improve their livelihoods. Pak Mun Dam is one of the most controversial dams in Thailand, and government intervention is needed to solve the issues the dam has created. This study tests the premise that government intervention will impact overall well-being only through structural means by providing strategy and policies related to social and economic well-being. Government training programs and government services will impact over all well-being through social well-being. A satisfactory solution to the Pak Mun Dam situation will impact overall well-being through economic well-being. In this study a number of items, related to different well-being dimensions, were examined. The findings suggest that appropriate policy must address the four significant items which surfaced in the economic well-being measure and ten items in the social well-being dimension. Key Words:multidimensional well-being, Pak Mun Dam, sustainable, development

Suggested Citation

  • Pattaraphongpan Chaiyamart & William Gartner & Kristen Nelson, 2021. "Well-being capital and government’s intervention to dam’s affected residents: Pak Mun Dam, Thailand," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(4), pages 288-301, June.
  • Handle: RePEc:rbs:ijbrss:v:10:y:2021:i:4:p:288-301
    DOI: 10.20525/ijrbs.v10i4.1217
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    References listed on IDEAS

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