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Article
Publication date: 28 June 2013

Hiroyuki Taguchi

The purpose of this paper is to examine the extent of the trade integration of Thailand with the Mekong region in comparison with its trade integration with the other major…

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Abstract

Purpose

The purpose of this paper is to examine the extent of the trade integration of Thailand with the Mekong region in comparison with its trade integration with the other major partners (advanced ASEAN, China, India, Japan, and the USA).

Design/methodology/approach

The study adopts the gravity trade model as an analytical framework, for the period from the 1980s through the 2000s.

Findings

It is found that Thailand's trade integration with the Mekong region has remarkably grown from the 1980s to the 2000s, in the sense that Thailand's total trade with the Mekong region, which lies below the gravity‐model standard in the 1980s, exceeds the standard in the 1990s and the 2000s. However, it is also found that the intensity of Thailand's trade integration with the Mekong region is still behind that with advanced ASEAN even in the 2000s. It might come from the higher service‐link costs that prevent the Mekong region from being fully involved in the international production network.

Originality/value

The paper may be valuable to the policy makers and researchers in the Mekong region, since it contributes to reviewing the two‐decade progress of the regional cooperation of the Greater Mekong Subregion from such quantitative perspectives as trade integration.

Details

International Journal of Development Issues, vol. 12 no. 2
Type: Research Article
ISSN: 1446-8956

Keywords

Book part
Publication date: 22 December 2016

Selena Kohel

This chapter analyzes the impact of intercultural academic experiences on students in the areas of intercultural sensitivity and multicultural awareness, knowledge, and skills.

Abstract

Purpose

This chapter analyzes the impact of intercultural academic experiences on students in the areas of intercultural sensitivity and multicultural awareness, knowledge, and skills.

Methodology/approach

Cottey College’s mission statement includes a clause about educating students to be useful members of a global society (Mission, n.d., para. 1). Toward achieving the mission, each of Cottey College’s second year students is offered an international experience over spring break that is largely paid for by endowed funds. For spring break 2015, the author of this chapter and a colleague offered a trip to Thailand. To participate, students were required to take part in a Step into the World!: Thailand course that was intended to prepare them to successfully navigate, and later reflect upon, their experience abroad. The trip portion of the course spanned 10 days. To measure what impacts the course may have had, students were asked to complete a pre-course and post-course survey, the Intercultural Sensitivity Scale (Fritz, Möllenberg, & Chen, 2002), and to complete journal entries and a personal impact statement by which their multicultural awareness, knowledge, and skills were assessed.

Findings

Analysis of the results suggests the Step into the World!: Thailand course had a positive impact on the majority of students’ intercultural sensitivity and multicultural awareness, knowledge, and skills.

Originality/value

The findings support the importance of intentionally combining inside and outside of the classroom experiences to enhance student outcomes.

Details

Integrating Curricular and Co-Curricular Endeavors to Enhance Student Outcomes
Type: Book
ISBN: 978-1-78635-063-3

Keywords

Book part
Publication date: 28 August 2015

Ploy Suebvises

This chapter has two major objectives. It discusses the political leadership in Thailand in terms of historical development and examines the role adaptation of Thai elites in…

Abstract

This chapter has two major objectives. It discusses the political leadership in Thailand in terms of historical development and examines the role adaptation of Thai elites in order to respond to different demands from various sectors in the society. The chapter concludes that political leaders have to adjust their roles to cope and to survive. Apart from the old bureaucratic elites, both military and civil, there are also some other stakeholders who have become stronger over time, making more demands on political leaders (and, consequently, on the state apparatus). In reaction to these stakeholders, political leaders have used public administration reforms and initiated public policies to gain more capacity to lead.

Details

Asian Leadership in Policy and Governance
Type: Book
ISBN: 978-1-78441-883-0

Keywords

Open Access
Book part
Publication date: 29 September 2023

Giuseppe Bolotta

Thailand has seen waves of youth-led protests over the past three years. Pro-democracy youth activists have vociferously criticised authority figures: teachers, parents and…

Abstract

Thailand has seen waves of youth-led protests over the past three years. Pro-democracy youth activists have vociferously criticised authority figures: teachers, parents and political leaders, especially the king. Drawing on vignettes assembled over a 14-year ethnographic work with young people in Thailand, as well as on current research on youth (online and offline) activism in Bangkok, I examine the multi-layered meaning of kinship in Thai society. The chapter reveals the political nature of childhood and parenthood as entangled modes of governance that come into being with other, both local and international cultural entities. I argue that Thai youth activists are attempting to rework dominant tropes that sustain “age-patriarchy” in the Buddhist kingdom. Their “engaged siblinghood” aims to reframe Thailand's generational order, refuting the moral principles that establish citizens' political subordination to monarchical paternalism and, relatedly, children's unquestionable respect to parents. As I show, Thai youth activists are doing so by engaging creatively with transnational discourses such as “democracy” and “children's rights,” while simultaneously drawing on K-pop icons, Japanese manga and Buddhist astrology. In articulating their dissent, these youths are thus bearers of a “bottom-up cosmopolitanism” that channels culturally hybrid, and politically subversive notions of childhood and citizenship in Southeast Asia's cyberspace and beyond. Whatever the outcome of their commitment, Thai youth activism signals the cultural disarticulation of the mytheme of the Father in Thailand, as well as the growing political influence of younger generations in the region.

Details

The Emerald Handbook of Childhood and Youth in Asian Societies
Type: Book
ISBN: 978-1-80382-284-6

Keywords

Book part
Publication date: 21 July 2011

Jon S.T. Quah

Thaksin Shinawatra became the prime minister of Thailand after his Thai Rak Thai (TRT) party won 248 of the 500 seats in the 6 January 2001 election. This was the first time that…

Abstract

Thaksin Shinawatra became the prime minister of Thailand after his Thai Rak Thai (TRT) party won 248 of the 500 seats in the 6 January 2001 election. This was the first time that a single political party had won such a mandate in Thai democratic history (Pasuk & Baker, 2009, p. 8). One month earlier, the National Counter Corruption Commission (NCCC) had charged Thaksin with concealing assets worth 4.5 billion baht on three occasions during 1997–1998, accusing him of registering these assets in the names of his housekeeper, maid, driver, security guard, and business colleagues. However, the NCCC's judgment was not upheld by the Constitutional Court, which had acquitted Thaksin on a split 8–7 decision in Thaksin's favor on 3 August 2001 (Pasuk & Baker, 2004, pp. 1, 5). If Thaksin had been found guilty by the Constitutional Court, he would have to resign as prime minister and be prohibited from holding public office for five years.

Details

Curbing Corruption in Asian Countries: An Impossible Dream?
Type: Book
ISBN: 978-0-85724-819-0

Book part
Publication date: 1 May 2012

Sarin Anantarak

Several studies have observed that stocks tend to drop by an amount that is less than the dividend on the ex-dividend day, the so-called ex-dividend day anomaly. However, there…

Abstract

Several studies have observed that stocks tend to drop by an amount that is less than the dividend on the ex-dividend day, the so-called ex-dividend day anomaly. However, there still remains a lack of consensus for a single explanation of this anomaly. Different from other studies, this dissertation attempts to answer the primary research question: how can investors make trading profits from the ex-dividend day anomaly and how much can they earn? With this goal, I examine the economic motivations of equity investors through four main hypotheses identified in the anomaly's literature: the tax differential hypothesis, the short-term trading hypothesis, the tick size hypothesis, and the leverage hypothesis.

While the U.S. ex-dividend anomaly is well studied, I examine a long data window (1975–2010) of Thailand data. The unique structure of the Thai stock market allows me to assess all four main hypotheses proposed in the literature simultaneously. Although I extract the sample data from two data sources, I demonstrate that the combined data are consistently sampled. I further construct three trading strategies – “daily return,” “lag one daily return,” and “weekly return” – to alleviate the potential effect of irregular data observation.

I find that the ex-dividend day anomaly exists in Thailand, is governed by the tax differential, and is driven by short-term trading activities. That is, investors trade heavily around the ex-dividend day to reap the benefits of the tax differential. I find mixed results for the predictions of the tick size hypothesis and results that are inconsistent with the predictions of the leverage hypothesis.

I conclude that, on the Stock Exchange of Thailand, juristic and foreign investors can profitably buy stocks cum-dividend and sell them ex-dividend while local investors should engage in short sale transactions. On average, investors who employ the daily return strategy have earned significant abnormal return up to 0.15% (45.66% annualized rate) and up to 0.17% (50.99% annualized rate) for the lag one daily return strategy. Investors can also make a trading profit by conducting the weekly return strategy and earn up to 0.59% (35.67% annualized rate), on average.

Details

Research in Finance
Type: Book
ISBN: 978-1-78052-752-9

Book part
Publication date: 16 September 2014

Kullaya Kosuwan, Yuwadee Viriyangkura and Mark E. Swerdlik

The field of special education in Thailand is still in its infancy. This chapter provides a retrospect on special education in Thailand reflecting societal attitudes toward people…

Abstract

The field of special education in Thailand is still in its infancy. This chapter provides a retrospect on special education in Thailand reflecting societal attitudes toward people with disabilities from the past to present. It also provides a list of factors impacting this population and members of the community who are involved with their lives. Special education law, definitions of various disability categories, types of educational settings, as well as issues and challenges in the field are discussed. A critical analysis of special education teacher preparation is also provided. Finally, recommendations and conclusions are offered.

Details

Special Education International Perspectives: Practices Across the Globe
Type: Book
ISBN: 978-1-78441-096-4

Abstract

Details

Economic Growth and Social Welfare: Operationalising Normative Social Choice Theory
Type: Book
ISBN: 978-0-44451-565-0

Abstract

Details

Economic Growth and Social Welfare: Operationalising Normative Social Choice Theory
Type: Book
ISBN: 978-0-44451-565-0

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