The Thai Tiger: Leaping Towards Development and Inequality - A roaring analysis of Thailand's economic ascent intertwined with societal complexities
Few nations have experienced the dizzying heights of economic growth as Thailand, a country often symbolized by the ferocious yet majestic tiger. This captivating creature embodies not only Thailand’s strength and resilience but also its complex journey through modernization, industrialization, and globalization. “The Thai Tiger: Leaping Towards Development and Inequality” offers a compelling exploration of this intricate tapestry, weaving together threads of economic policy, social transformation, and the enduring struggle for equity.
Authored by renowned Thai economist Dr. Apinya Sukkhasena, this thought-provoking treatise delves into the heart of Thailand’s remarkable economic surge, beginning in the late 20th century. It meticulously charts the nation’s transformation from a predominantly agrarian society to a manufacturing powerhouse and regional hub for trade and investment.
The book’s opening chapters lay the groundwork by dissecting the crucial factors underpinning Thailand’s economic miracle:
- Export-Oriented Growth: Dr. Sukkhasena illuminates how Thailand strategically positioned itself as a global exporter of manufactured goods, leveraging its competitive advantage in labor costs and access to raw materials. This export-driven model propelled the country into the ranks of newly industrialized nations.
- Foreign Direct Investment (FDI): The influx of FDI played a pivotal role in fueling Thailand’s industrialization. Dr. Sukkhasena examines how this foreign capital injected much-needed resources, technology, and expertise, facilitating the establishment of factories, infrastructure projects, and modernizing industries.
Navigating the Labyrinth of Inequality:
While celebrating Thailand’s economic success, “The Thai Tiger” doesn’t shy away from confronting the darker side of progress – the widening chasm of inequality. Dr. Sukkhasena skillfully analyzes how the benefits of growth have not been evenly distributed across society. He poignantly illustrates the plight of rural communities and marginalized groups who often find themselves left behind in the wake of rapid modernization.
The book scrutinizes several key factors contributing to this disparity:
- Urban-Rural Divide: The migration of people from rural areas to urban centers in search of better opportunities has led to a stark contrast in living standards and access to education, healthcare, and infrastructure.
- Skill Gaps: Thailand’s rapid industrialization created a demand for skilled labor, leaving many individuals with limited education struggling to find well-paying jobs.
- Land Ownership: Unequal distribution of land ownership further exacerbates inequality, with a small percentage of the population controlling vast tracts of fertile land while many farmers struggle with meager plots.
Dr. Sukkhasena’s analysis transcends mere economic statistics; he weaves in compelling anecdotes and real-life stories to illustrate the human cost of inequality. These narratives add depth and emotional resonance to the book, making it a truly impactful read.
A Call for Inclusive Growth:
“The Thai Tiger: Leaping Towards Development and Inequality” concludes with a call for policies that promote more inclusive growth. Dr. Sukkhasena advocates for targeted interventions aimed at bridging the gap between rich and poor, investing in education and healthcare, and empowering marginalized communities. He emphasizes the need for a sustainable development model that prioritizes both economic prosperity and social justice.
Production Features:
| Feature | Description |
|---|---|
| Language | English |
| Publisher | Siam Paragon Publishing Co., Ltd. |
| Publication Year | 2018 |
| Page Count | 352 |
| Binding | Paperback |
| ISBN | 978-616-488-083-7 |
The Legacy of “The Thai Tiger”:
“The Thai Tiger: Leaping Towards Development and Inequality” serves as a powerful reminder that economic progress is not simply measured by GDP growth. It compels readers to critically examine the social implications of development and consider how to ensure that its benefits are shared more equitably. Dr. Sukkhasena’s insightful analysis continues to resonate with policymakers, academics, and anyone interested in understanding the complex dynamics shaping Thailand and other developing nations. This book is not merely a chronicle of Thailand’s economic journey; it is a blueprint for a more just and sustainable future.