Journal of Social Sciences
Publication Date
2017-01-01
Abstract
This research paper presents a comparative study on economic development planning organizations in Thailand and South Korea during 1960-1980. Most economists have so far explained Thailand's relative lack of progress in economic development compared to Korea in terms of differences in economic policies. In this context, this study focuses on the planning organizations that have profoundly influenced the implementation and contexts of economic policies in the two countries, namely South Korea's Economic Planning Board (EPB) and Thailand's National Economic and Social Development Board (NESDB), to identify similarities and differences in the authority, roles, and structures of the organizations as well as the factors that contributed to or obstructed the operation of the two economic development planning organizations. Four factors are identified as having contributed to the better performance efficiency of South Korea's EPB over Thailand's NESDB: the law, available human and external resources, the level of government support, and political stability.
First Page
91
Last Page
108
Recommended Citation
Butsaban, Kamon
(2017)
"A comparative study of economic development planning organizations of South Korea and Thailand during 1960-1980,"
Journal of Social Sciences: Vol. 47:
Iss.
2, Article 5.
Available at:
https://digital.car.chula.ac.th/cujss/vol47/iss2/5