Page 20 - โลกาภิวัตน์เสรีนิยมใหม่กับความพ่ายแพ้ของรัฐไทย

Abstract

This Thesis aims to study the development of neoliberal globalization in
Thailand, the impacts of neoliberal globalization on the Thai state and society, and the
interactions and responses of the Thai state and society to neoliberal globalization. The
period of time of this study covers 1988 to 2007.

The study shows that the Thai state has been vigorously implemented
neoliberal policies since 1988, starting from financial deregulation before the age of
1997 economic crisis to privatization after that period and trade and investment
liberalization at this time. The deregulation, privatization, and liberalization constitute
the core of neoliberal policies. The study proposes that neoliberal policies are very
powerful because they are mobilized by transnational capital which takes advantages
from globalization process. Neoliberal policies implemented by the Thai state are
business-bias policies. They are specifically conducive to the capital accumulation of
transnational corporations. Therefore, neoliberal policies have serious impacts on the
Thai state and society.

This thesis argues that the Thai state has been defeated because it cannot
resist the influence of neoliberal globalization and it cannot solve the problems arising
from the implementation of neoliberal policies. Four cases are studied in the thesis.
They are the case of Letters of intent, the case of 11 acts, the case of investment
promotion policy, and the case of labour policy. The study indicates that neoliberal
globalization has multidimensional impact. For example, the submit of the letters of
intent to the International Monetary Fund led to the damage of the Thai state’s
autonomy to implement its public policy. The 11 acts led to the explosion of
transnational corporations in Thailand. The investment promotion policy, which is big

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