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A Siamese tragedy : development & disintegration in modern Thailand / Walden Bello, Shea Cunningham and Li Kheng Poh.

Lippincott Library HC445 .B45 1998
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Format:
Book
Author/Creator:
Bello, Walden F.
Contributor:
Cunningham, Shea, 1968-
Li, Kheng Poh.
Language:
English
Subjects (All):
Environmental degradation--Thailand.
Environmental degradation.
Human rights.
Thailand.
Rural development--Thailand.
Rural development.
Human rights--Thailand.
Thailand--Economic conditions.
Economic conditions.
Physical Description:
xiv, 267 pages : illustrations ; 23 cm
Place of Publication:
Oakland, CA : Food First Books ; Bangkok : White Lotus ; London : Zed Books ; New York : Distributed by St. Martin's Press, 1998.
Summary:
This book argues that, even before the catastrophic collapse of 1997-98, the Thai economic miracle of the previous decade had feet of clay. The authors provide a comprehensive and cogent examination of the country's economic, environmental and human record. The book opens with the economic collapse that started in 1997. Is this a mere short-term blip in Thailand's race to build a modern industrial economy or is there a real prospect of the country being pushed back into Third World status? The authors explore the role of foreign investment and the consequences in terms of pollution and environmental destruction. They also present the human effects of the Thai model on workers, rural villagers, women and child labor. What emerges is a sustained critique of the vested interests, local and international, which have propelled the Thai people down this particular path, and a clear picture of how unsustainable it has been in terms of human exploitation, social disruption, ecological damage and economic fragility.
Contents:
1 Introduction: Survey of an Economic Debacle 1
A second Ayuthaya? 1
High flyers laid low 2
The effect on the real economy 3
Twilight zone 4
The culture of conspicuous consumption 5
The Thai path to development 6
Globalization of the Thai economy 7
Creating the credit economy 7
Royal doubts 8
2 Back to the Third World 10
The political economy of NIChood 10
Import substitution industrialization 10
Export-oriented industrialization 12
The private sector and the state 13
The Japanese Tsunami 16
Attracting portfolio investment and bank capital 18
The deluge 20
Financiers and realtors: Bonnie and Clyde in Bangkok 23
The real estate bust 25
Playing pretend 28
Finance One: the crisis in microcosm 29
Botched rescue 31
The panic 32
The financial crisis and the structural crisis 36
3 Thailand under the IMF 43
A cosy relationship 43
The Chaovalit government hesitates 46
Chuan in the breach 47
Critique of the stabilization programme 49
Why engineer a recession? 49
The 'moral hazard' issue 50
Advancing the US agenda 50
Reform or collapse? 52
4 The Failure of Industrial Deepening 55
The education bottleneck 56
The R&D fiasco 57
Foreign investment and technology transfer: electronics 60
Foreign investment and technology transfer: the car industry 61
Thailand as Japan's technological dependency 63
The financial crisis and foreign investment trends 69
5 Labour and Capital 74
Emergence of the industrial working class 74
Organizing labour 74
Labour in the boom years 78
Working women 81
Hazards at work 83
Squeezing labour for international competitiveness 86
Child labour and migrant labour 88
Losing strategy 90
Economic collapse and class conflict 91
6 Bangkok: Vicissitudes of a Megalopolis 95
Prime among primates 95
Los Angelizing the 'city of the angels' 97
Disneyland east: the mass transit chaos 99
Citizens versus mass transit 101
Land management: unleashing the private sector 105
Klong Toey: rallying point for the urban poor 110
7 Pollution Haven 116
Foreign investment and pollution 116
Forms of pollution 118
Crisis of regulation 126
8 The Erosion of Agriculture 133
The two faces of the Thai countryside 133
Subordinating the countryside to the city 135
Commercialization and agrarian crisis up to the 1970s 138
Social struggle, reform, and peasant defeat 147
Containing the countryside after 1976 151
Aborted 'NAICdom': Thai agriculture in the late 1980s 160
Down the road of NIC agriculture? 167
Thai agriculture in the eye of the storm 168
9 The Dynamics of Deforestation 175
Deforesting the north 176
The battle for the highlands 179
Ecological crisis in the northeast 183
Disaster in the south 187
Government: part of the problem? 191
Conflicting property systems 191
Lack of political will 192
The forest village and STK programmes 193
Reforestation and resettlement 194
The Thai Forestry Sector Master Plan 197
The Forest Conservation Development Project 199
The Community Forest Bill 201
10 Damming the Countryside 206
EGAT begets resistance 206
The problem with dams... 208
The Pak Mun face-off 211
Regionalization of Thailand's environmental crisis 214
The financial crisis and the environment 217
11 The AIDS Crisis 221
AIDS in Asia 223
AIDS in Thailand 223
Poverty, labour migration, and AIDS 224
AIDS and the sex industry 226
The economic impact of AIDS 234
Battling AIDS: the scorecard 235
12 Conclusion: Revisioning the Future 243
Emergence and dynamics of the NGO movement 243
Critique of the system 245
Fleshing out the alternative 247.
Notes:
Includes bibliographical references and index.
ISBN:
1856496635
0935028749
1856496643
OCLC:
39700794

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