Thailand in the Regional Division of Labour
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.
KeywordsMigration Europe Rubber Income Expense
Unable to display preview. Download preview PDF.
- Economist Intelligence Unit (EIU) (1995), Thailand: EIU Country Profile, 1994–95 (London: The Economist Intelligence Unit).Google Scholar
- Koniya, R. et al. (eds) (1994), Interdependence among East Asian Economies (Tokyo: MITI and CERC).Google Scholar
- Limqueco, P., B. McFarlane and J. Odhnoff (1989), ‘Industry in ASEAN’, Journal of Contemporary Asia Publishers.Google Scholar
- Mounier, A., K. Kaewthep and V. Charoenloet (1994), ‘Thailand: Export Oriented Industrialization in a Historical Perspective’ paper prepared for the Political Economy Forum, Faculty of Economics, Chulalongkorn University.Google Scholar
- Pitayanon, S. (1985), ‘Labour Markets, Labour Flows and Structural Change in Thailand’, paper prepared for the ASEAN-Australia Joint Research Project on Labour Market Behaviour.Google Scholar
- World Bank (1993), The East Asian Miracle: Economic Growth and Public Policy (London and New York: Oxford University Press).Google Scholar
- APRO-FIET (1994), APRO-FJET Faces the Future, background paper for APRO FIET 7th Regional Conference (Malaysia).Google Scholar
- Wehmhorner, A. (ed.) (1993), NICs in Asia — A Challenge to Trade Unions (Singapore: Friedrich Ebert Stiftung).Google Scholar
- National Economic and Social Development Board (1994), Thailand 2000 — A Guide to Sustainable Growth and Competitiveness (Bangkok: Office of the Prime Minister).Google Scholar
- Chiasakul, S. (1994), Industrial Development Toward the Year 2000 (Chulalongkorn University, Faculty of Economics).Google Scholar