China and Neighbourhood

BANGKOK: “A Wonderful City for Tourists, not for Bangkokians!”

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1200px-aerial_view_of_lumphini_park

A very interesting city, Bangkok, which was the capital city of Thailand, has been examined in this volume. Thailand is located at the heart of Southeast Asia. The country has a 68,2 million population and 6 millions of this population is living in Bangkok. This city has started to experience a different globalisation process after 1997.  There have been 3 important breakpoints in the near history of Thailand. First breakpoint was the local financial crisis which occurred in 1997. After this local crisis, Thai Government has liberalized the country’s financial markets; as a result, foreign investors started to be very effective in Thai stock market after this date. Second breakpoint was the tsunami disaster which hit all the coastal settlements of Southeast Asia in 2004; about 180,000 people died as a result of this disaster in the region. Third breakpoint was the military coup which happened in 2006 in Thailand; this military intervention has divided the country as the defenders of the King (i.e.Bhumibol Adulyadej) and the defenders of the prime minister (i.e.Thaksin Shinawatra). A political instability process has started after this military coup in the country.

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Published in Political Reflection Magazine Vol. 2 No. 1

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