| ID | 162536 |
| Title Proper | Explaining Thailand’s Automotive Manufacturing Success |
| Language | ENG |
| Author | Warr, Peter ; Kohpaiboon, Archanun ; Peter Warr, Archanun Kohpaiboon |
| Summary / Abstract (Note) | This paper argues that the success of Thailand’s export-oriented automotive industry was based on three factors: first, the substantial public investment in productivity-raising port facilities and related infrastructure in the 1990s that constituted the Eastern Seaboard economic corridor; second, exchange rate depreciation that accompanied the 1997–98 Asian Financial Crisis. Jointly, these two factors made manufacturing production for export more profitable. The third was a combination of two key policy changes adopted by the Thai government shortly after the Crisis and partly in response to it — removing restrictions on foreign ownership and abolition of local content requirements. |
| `In' analytical Note | Journal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name ) Vol. 35, No.3; Dec 2018: p.425-448 |
| Journal Source | Journal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name ) 2018-12 35, 3 |
| Key Words | Thailand ; Automotive Manufacturing Success |