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Thailand in the Regional Division of Labour

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Abstract

At the approach of the twenty-first century, Thailand finds itself at a crossroads. What was traditionally an agrarian economy has, in the last ten years been transformed into a vibrant FDI-led export-oriented manufacturing base, with real GDP growth rates for the most part above 8 per cent in the last five years and the manufacturing sector contributing over 28 per cent to GDP in 1992, a larger contribution than any other sector. Despite these impressive figures, Thailand may discover that the role that it currently plays in the regional division of labour is incompatible with its long-term development objectives.

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References

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© 1997 International Institute for Labour Studies

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Charoenloet, V. (1997). Thailand in the Regional Division of Labour. In: Campbell, D., Parisotto, A., Verma, A., Lateef, A. (eds) Regionalization and Labour Market Interdependence in East and Southeast Asia. International Labour Organization (ILO) Century Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25931-1_8

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