Economic Development Parables

From Siam to Thailand

Winai Wongsurawat (College of Management, Mahidol University)

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English

Routledge
30 January 2025

Regional studies; History; Globalization; Development economics; Economic history

Series: Routledge Studies in the Modern World Economy

Wongsurawat looks at the history of Thailand since the mid-nineteenth century and uses events to elucidate basic economic models and concepts. He selects defining moments in Thailand’s history to convey key economic ideas worthy of classroom discussion.

Written without excessive jargon, the chapters connect complex historical phenomena with broader, transportable economic concepts. The cases range from the signing of the Bowring Treaty in 1855, opening Siam to the forces of globalization, to the Asian Financial Crisis that wreaked havoc on the economy in 1997. Key economic terms are also explained.

Reconnecting the increasingly distant fields of history and economics, this is an appealing text to researchers with an interest in Thailand’s economic history, as well as undergraduates undergoing an introductory economics course or overseas program in Thailand.

By: Winai Wongsurawat (College of Management Mahidol University)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 138mm,
Weight: 249g
ISBN: 9781032491288
ISBN 10: 1032491280
Series: Routledge Studies in the Modern World Economy
Pages: 122
Publication Date: 30 January 2025
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Table of Contents 1. Durianomics The Economics of the King of Fruits 2. Incentives The Rise and Decline of Tax Farming in Early Bangkok 3. Globalization The Economics of Corvée 4. Production Technologies of Paddy Cultivation 5. Institutions Rent Seeking and Clientelism 6. Money Anatomy of a Financial Crisis 7. Corruption Business and Politics in the New Millennium 8. Tradeoffs The Benefits and Costs of Air Pollution Abatement Further Resources

Winai Wongsurawat is an associate professor at the College of Management, Mahidol University, Thailand.