Contemporary Thailand-Japan Economic Relations: What Falling Japanese Investment Reveals About Thailand's Deep, Global Competition, State in the Context of Shifting Regional Orders

Ryan Hartley

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

This article centres on the nature of the Thai state amid a shifting global economic environment, examining it through the lens of foreign direct investment and specifically Japan's declining foreign direct into the kingdom since 2015. It posits that the Thai state is neither a liberal democracy nor a liberal capitalist model and is instead akin to a deep and global competition-oriented state. Through this modality, the article examines recent drops in foreign investment, especially from Japan, and goes on to seek to explain said drops in foreign direct investment through a policy framework extracted from such a theoretical insight of the nature of the Thai state. The article concludes that falling foreign investment can be linked to the reception by Japan of recent policy imperatives and outputs in Thailand that operate on the level of a deep state-globality nexus.

Original languageEnglish
Pages (from-to)569-585
Number of pages17
JournalAsia and the Pacific Policy Studies
Volume4
Issue number3
DOIs
Publication statusPublished - 2017 Sep

Keywords

  • Competition state
  • Deep state
  • Japan FDI
  • Mekong region
  • Thai military
  • Thai state
  • Thailand economy

ASJC Scopus subject areas

  • Sociology and Political Science
  • Public Administration
  • Economics, Econometrics and Finance (miscellaneous)
  • Political Science and International Relations
  • Strategy and Management

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