This outstanding contribution to our understanding of Thailand’s political economic system is perhaps the first major English-language work that provides an up-to-date analysis of the country widely hailed as Asia’s next newly industrialized country. Dr. Laothamatas argues that, at least in the realm of economic decision-making, Thailand has moved away from a pure form of bureaucratic polity to a system he refers to as liberal corporatism. He presents detailed empirical data regarding chambers of commerce, their peak organizations, and the nation’s trade associations, all of which will...