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Thailand’s Industrialization: Overcoming Structural Obstacles?

In: The Changing Economic Environment in Asia

Author

Listed:
  • Doryane Kermel-Torrès
  • Philippe Schar

Abstract

Thailand reached a crisis point in 1997, after a decade of vigorous growth. In various analyses of the situation, the emphasis is generally placed on economic factors and their financial and monetary dimensions, without devoting much attention to the structural roots of the problem. Even before the alarm bells started ringing, a number of structural effects relating to the country’s growth model could be felt, especially in the manufacturing sector, but these went largely unheeded in political and economic circles (Boisseau and Simon, 1998; Raillon, 1998; Schwab and Nguyen, 1998).

Suggested Citation

  • Doryane Kermel-Torrès & Philippe Schar, 2001. "Thailand’s Industrialization: Overcoming Structural Obstacles?," Palgrave Macmillan Books, in: Bernadette Andreosso-O’Callaghan & Jean-Pascal Bassino & Jacques Jaussaud (ed.), The Changing Economic Environment in Asia, chapter 11, pages 166-183, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28726-6_12
    DOI: 10.1007/978-0-230-28726-6_12
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