Business groups and the Thailand economy : escaping the middle-income trap /
"'Business Groups and the Thailand Economy' examines the role of business groups, specifically state, local and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap....
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Main Authors: | |
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Published: |
Routledge, Taylor & Francis Group,
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Publisher Address: | Abingdon, Oxon : |
Publication Dates: | 2023. |
Literature type: | Book |
Language: | English |
Series: |
Routledge focus on business and management
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Subjects: | |
Summary: |
"'Business Groups and the Thailand Economy' examines the role of business groups, specifically state, local and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap. Yabushita reviews Thailand's industrial and economic growth strategies through the local and international investors and explains why business groups are one of the key drivers of economic advancement and why they help to avoid the middle-income trap. The author also examines their business power expansion methods, including selection and concentration, political influence, mergers and acquisitions, outward FDI and business alliances. The book concludes with policy recommendations of how the government can engage business groups to accelerate high tech industrialization and create jobs. The middle-income trap issue faced by Thailand would be of interest to many emerging economies especially scholars and policy makers researching on Asian business and management, Asian economies, developmental economics, political economy, policy studies, corporate governance, entrepreneurship, and private company strategic management in emerging countries"-- |
Carrier Form: | xvii, 262 pages : illustrations ; 25 cm. |
Bibliography: | Includes bibliographical references and index. |
ISBN: |
9781032441146 1032441143 9781032441153 1032441151 |
Index Number: | HC445 |
CLC: | F133.64 |
Call Number: | F133.64/N469 |
Contents: | Catch-up industrialization theory -- Middle-income trap -- Developmental states and business groups -- Dependency theory and multinational corporations -- Upper middle-income development model -- High income development model -- EEC plan and foreign investors -- Business concentration -- Expanding business power -- Family business traps -- Conclusion and policy recommendations. |