Economic Development of Post-war Thailand

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    At the end of the Second World War, Thailand was one of the world’s poorest and economically most backward nations. Its agrarian-based economy had remained stagnant for at least a century and the war itself had caused widespread damage. External observers of the time generally assessed the country’s economic potential negatively.2 In the seven decades following, Thailand has developed to an upper-middle-income, semi-industrialised and technologically advanced economy. But multiple economic and associated social problems remain. This chapter describes the major economic changes that have occurred, analyses the forces driving them, and attempts to identify the principal policy priorities for continued progress.
    Original languageEnglish
    Title of host publicationRoutledge Handbook of Contemporary Thailand
    Editors Pavin Chachavalpongpun
    Place of PublicationLondon
    PublisherRoutledge
    Pages36-49
    Edition1st
    ISBN (Print)9781138558410
    Publication statusPublished - 2020

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