A Siamese Tragedy: Development and Degradation in Modern Thailand

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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...
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1999 Hardcover Good Hardback in good plus condition. Highlighting.

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Overview

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.
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Editorial Reviews

Booknews
Examines Thailand's economic development, the crisis of 1997-98, and the prospect of the country being pushed back to Third World status, and argues that the International Monetary Fund's intervention has wrought continuing damage. Shows how local and international vested interests propelled the Thai people down a path that is unsustainable in terms of human exploitation, social disruption, ecological damage, and economic fragility. Distributed by St. Martin's Press. Annotation c. Book News, Inc., Portland, OR (booknew.com)
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Product Details

  • ISBN-13: 9781856496636
  • Publisher: St. Martin's Press
  • Publication date: 2/15/1999
  • Pages: 288
  • Product dimensions: 5.43 (w) x 8.73 (h) x 1.02 (d)

Meet the Author

Walden Bello is Co-Director of Focus on the Global South in Thailand. Shea Cunningham is pursuing graduate studies at the University of California, Los Angeles (UCLA).

Li Keng Poh is a Research Associate at Focus on the Global South.
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Table of Contents

List of Tables and Figures
Acknowledgements
Foreword
Abbreviations
1 Introduction: Survey of an Economic Debacle 1
2 Back to the Third World 10
3 Thailand under the IMF 43
4 The Failure of Industrial Deepening 55
5 Labour and Capital 74
6 Bangkok: Vicissitudes of a Megalopolis 95
7 Pollution Haven 116
8 The Erosion of Agriculture 133
9 The Dynamics of Deforestation 175
10 Damming the Countryside 206
11 The AIDS Crisis 221
12 Conclusion: Revisioning the Future 243
Selected Readings 251
Index 257
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