Skip to main content

Post-Crisis Economic Impasse and Political Recovery in Thailand: The Resurgence of Economic Nationalism

Buy Article:

$51.63 plus tax (Refund Policy)


This article presents a critical analysis of an important emergent trend in Thai politics in the aftermath of the 1997 economic crisis, namely, economic nationalism. Focusing on the situation on the eve of the last general election in January 2001, it attributes the rise of economic nationalism to the chronic post-crisis economic stagnation. This is caused in turn by the credit system-paralyzing contradiction between the globalized financial sector and the nonglobalized "Thai-Thai" corporate sector resulting from a halfway globalist/neoliberal reform. The article then describes and analyzes the various socioeconomic and political cultural milieus from which nationalist propagation and movements arose by dividing them roughly into two main groups: the crony capitalist nationalism of oligarchic nonperforming loans (NPL) entrepreneurs and the radical populist nationalism of nongovernmental organizations (NGOs) and people's organizations. The article concludes by subjecting the two nationalisms to critical comparison and questioning.

Document Type: Research Article


Publication date: September 1, 2002

More about this publication?

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more