No.153 Development of Border Economic Zones in Thailand: Expansion of Border Trade and Formation of Border Economic Zones
by TSUNEISHI Takao
In the wake of economic globalization and development in Thailand, movement of people and commodities at the Thai borders is also becoming pronounced. Economic interdependence between Thailand and neighboring countries is growing through border customhouses. As a policy, Thailand is trying to stimulate trade and investment with neighboring countries following the ACMECS (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) scheme. In this report, first, movement of people and goods at the borders will be examined. Second, clarification of where and how development is proceeding will be presented. Last, this study will attempt to review the perspectives of policies on neighboring countries after Thaksin.
Keywords: migrant worker, border trade, border economic zone, ACMECS, contract farming, CBTA (Cross Border Transport Agreement), economic corridor
JEL classification: O53, R11
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