TY  - BOOK
AU  - KANCHOOCHAT Veerayooth
AU  - AIYARA Trin
AU  - NGAMARUNCHOT Bank
TI  - Sick tiger: social conflict, state-business relations and exclusive growth in Thailand
PY  - 2021///
KW  - STATE-BUSINESS RELATIONS
KW  - SOCIAL CONFLICT THEORY
KW  - EXCLUSIVE GROWTH
KW  - THAILAND
KW  - COMPETITIVE CLIENTELISM
KW  - PRAYUTH CHAN-OCHA
N2  - This article proposes a modified social conflict approach to state-business relations that incorporates into the analysis the role of intra-elite contestation, marginalised groups, and different kinds of leading economic actor, with a case study of Thailand. It argues that, from 1980 to 1997, Thailand's economic development occurred within the context of multifaceted conflicts and power fragmentation. Banking oligopolies played a leading role in resource allocation that took Thailand to a path of high growth, high inequality and low technological capabilities. Social conflict in the post-1997 era has shifted towards power consolidation, centring on the tussle between the traditional elite and elected politicians. Thaksin's growth regime (2001-2006) was state-led in character, with profound populist-redistributive impacts. Two military coups in 2006 and 2014 did not change this consolidated structure. The junta replaced Thaksin at the top of the pecking order and rearranged the inner-outer circles of its own clientelistic networks. This evolution of social conflict has rendered Thailand's economic development increasingly opposing to the notion of inclusive growth
UR  - https://www.tandfonline.com/doi/full/10.1080/00472336.2020.1869997
ER  -