Thai industrial policy: How irrelevant was it to export success?

摘要: The neo-liberal interpretation of the Thai state suggests that industrial policy was incoherent, subject to rent seeking and irrelevant development success. A more nuanced micro-historical analysis state's interventions demonstrates this over-simplification misses important examples effective selective during first stage import-substitution industrialization in 1960s, as well second ISI 1970s. In 1980s there a systematic turning entire machinery promote manufactured exports. Without these is reason doubt whether Thailand would be where it today—a next tier NIE.