S-Space Graduate School of International Studies (국제대학원) Dept. of International Studies (국제학과) Journal of International and Area Studies Journal of International and Area Studies vol.12 (2005)
Economic Crisis, Poverty, and the Emergence of Populism in Thailand
- Choi, Jungug
- Issue Date
- Institute of International Affairs, Graduate School of International Studies, Seoul National University
- Journal of International and Area Studies, Vol.12 No.1, pp. 49-59
- Of the three Asian crisis economies that went under the International Monetary Fund (IMF)’s stewardship, only Thailand has experienced a populist backlash. This study explores why the country opted for populism in the 2001 general election. It shows that absolute poverty was responsible for the rise of Thaksin’s populism. In more detail, the so-called Thaksin fever was strongly correlated to the region’s post-crisis poverty level, excepting the southern region. This study also tentatively concludes that, even though political variables such as political deinstitutionalization do not explain the establishment of a populist government, they still may explain its absence.
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