Thailand

Economic progress and the move to populism 1

Authored by: Peter Warr

Handbook of Emerging Economies

Print publication date:  March  2014
Online publication date:  March  2014

Print ISBN: 9781857436709
eBook ISBN: 9780203108765
Adobe ISBN:

10.4324/9780203108765-22

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Abstract

Thailand is unusual among middle-income developing countries in several respects. It was never colonized, a unique experience within South-East Asia. Perhaps partly because of that, successive Thai governments have not been afraid to embark on deep trade and investment integration with the rest of the world. Its trade and investment policies have been relatively open and its macro-economic policies have generally been conservative and directed towards maintaining economic stability.

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