scholarly journals Thailand 4.0: A new value-based economy and its implication on wellness business

2021 ◽  
Vol 12 (01) ◽  
Author(s):  
Surada Chundasutathanakul ◽  
◽  
Suthawan Chirapanda ◽  
◽  

The research aims to explain Thailand’s value-based economy and its implications on wellness business. The research uses political and management theories namely, developmental state theory, neo-authoritarian developmental state theory, social network theory, social capital theory, diffusion of innovation theory, resource-based theory, and image theory to portray and applied into the case. Moreover, the research is a qualitative research by nature as it uses semi-structure interviews and focus groups to find the answers. The main finding of this research is that since 2002 where the Thai government has set “Medical and Wellness Tourism” as the country’s development strategy to make Thailand a “hub” for medical and wellness tourism—though the country’s politics has faced two coup d’états and the country’s administrations have been rough as it is controlled by different political groups—both, civilian and military, governments have followed the strategy and have highlighted medical and wellness business sector as one of their development strategies as well as policies. The conclusion of the research is that the military government has stepped forward from solely being authoritarian state and transform the country to become a neo-authoritarian developmental state where it practices capitalism while limits people participation in politics. On top of that, the state implements policies that benefit healthcare and wellness industry, especially SMEs, to assure that it achieves the goal of being a medical and wellness hub of the region.

2021 ◽  
Vol 12 (01) ◽  
Author(s):  
Surada Chundasutathanakul ◽  
◽  
Suthawan Chirapanda ◽  

The research aims to explain Thailand’s value-based economy and its implications on wellness business. The research uses political and management theories namely, developmental state theory, neo-authoritarian developmental state theory, social network theory, social capital theory, diffusion of innovation theory, resource-based theory, and image theory to portray and applied into the case. Moreover, the research is a qualitative research by nature as it uses semi-structure interviews and focus groups to find the answers. The main finding of this research is that since 2002 where the Thai government has set “Medical and Wellness Tourism” as the country’s development strategy to make Thailand a “hub” for medical and wellness tourism—though the country’s politics has faced two coup d’états and the country’s administrations have been rough as it is controlled by different political groups—both, civilian and military, governments have followed the strategy and have highlighted medical and wellness business sector as one of their development strategies as well as policies. The conclusion of the research is that the military government has stepped forward from solely being authoritarian state and transform the country to become a neo-authoritarian developmental state where it practices capitalism while limits people participation in politics. On top of that, the state implements policies that benefit healthcare and wellness industry, especially SMEs, to assure that it achieves the goal of being a medical and wellness hub of the region.


2011 ◽  
Vol 30 (1) ◽  
pp. 69-94 ◽  
Author(s):  
Sai Khaing Myo Tun

This article explores the institutionalization of state-led development in Myanmar after 1988 in comparison with Suharto's Indonesia. The analysis centres on the characteristics and theory of developmental states that emerged from the studies of East Asian countries like Japan, South Korea, and Taiwan. In Southeast Asia, Suharto's Indonesia was perceived as a successful case and was studied by scholars in line with the characteristics of the developmental state. The Tatmadaw (military) government in Myanmar was believed to follow the model of state-led development in Indonesia under Suharto where the military took the role of establishing economic and political development. However, Myanmar has yet to achieve its goal of building a successful state-led development. Therefore, this paper argues that implementing an efficient and effective institutionalization is essential for a successful state-led development (developmental state) in Myanmar.


2020 ◽  
Vol 2020 ◽  
pp. 1169-1180
Author(s):  
Jelena Filipovic ◽  
◽  
Maja Arslanagic Kalajdzic

2021 ◽  
pp. 105960112110199
Author(s):  
Nathapon Siangchokyoo ◽  
Ryan L. Klinger

This study explores how team core self-evaluations (CSE) influence the emergence and effectiveness of shared leadership. Drawing on adaptive leadership theory, we propose that decisions to share leadership responsibilities rather than allocating the role to a single team member are influenced by homogeneity in members’ CSE. In addition, we identify team collective identification as an emergent team state that interacts with CSE homogeneity to promote the emergence of shared leadership. We then argue that not all shared leadership teams are equally effective; applying group social capital theory, we propose that team mean CSE strengthens the impact of shared leadership on team performance. Results based on multisource and time-lagged data from 85 project teams provide support for our proposed moderated mediation model. We discuss how our theoretical model extends research on the role of team dispositional composition on the antecedents and consequents of shared leadership and highlight practical implications related to the design, recruitment, and socialization of autonomous work teams.


2017 ◽  
Vol 2 (1) ◽  
pp. 29
Author(s):  
Septian Nur Yekti

Indonesia insists to defend its regulation on trade of horticulture, animals, and animal products after its loss on New Zaeland’s indictment in Dispute Settlement Body (DSB) of World Trade Organization (WTO). Indonesia appealed the DSB decision, despite previous findings in DSB panel which reports that Indonesia’s regulations contains trade restriction and various trade barriers. This paper analyzes the reason why Indonesia appealed the DSB Panel decision, despite the fact that Indonesia violates WTO principles which lead to free trade barriers. This paper uses law perspective to find out whether Indonesia really violates the law or not. Besides, this paper also uses developmental state theory to analyze the case. The theory takes root in the merchantilism which emphasizes on export, domestic production, and national welfare. Developmental state’s position lies between liberalization and centered-plan policy which means that the country that applying this policy joins the globalization and plays its role in international order to reach national welfare.Keywords: developmental state, trade dispute settlement, trade restriction


2021 ◽  
Vol 18 (1) ◽  
Author(s):  
France Khutso Lavhelani Kgobe

This paper explores the potency of rural cooperatives for the effective planning and implementation of rural strategies to address poverty. Rural cooperatives function as a participatory approach that provides the potential to equip and empower people in rural areas with various skills. Hence, rural cooperatives represent the means and strategies to unshackle rural people from the vicious circle of poverty. The contestation about a deadlock of rural development has become pertinent in the recent and ongoing political transformation in South Africa. This paper is grounded on the social capital theory and its ideals. As such, it depends on a literature review for its premise, argument, crux and purpose, as well as drawing up results and conclusions. The paper gathers information in respect of various scholars’ notions on rural cooperatives and rural development from related articles, journals and books. The paper reveals that where the South African government is confronted and characterised by some form of upheaval and service delivery challenges, so rural cooperatives are fit to capacitate citizens to avoid depending on the government for scarce resources. The paper further reveals that rural cooperatives are deemed to ameliorate the long-standing patterns of developmental backlogs in almost all South African municipalities. The conclusion that can be made from this paper is that the authentic promotion of rural development in the formulation of a well-informed legislative framework, that is clear and unambiguous, can deal effectively with the challenges of rural cooperatives.


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