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Land and LoyaltySecurity and the Development of Property Rights in Thailand$
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Tomas Larsson

Print publication date: 2012

Print ISBN-13: 9780801450815

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801450815.001.0001

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Capitalizing Thailand

Capitalizing Thailand

Chapter:
(p.15) 2 Capitalizing Thailand
Source:
Land and Loyalty
Author(s):

Tomas Larsson

Publisher:
Cornell University Press
DOI:10.7591/cornell/9780801450815.003.0002

This chapter examines formal rural land rights in Thailand in relation to important political and economic outcomes. It begins with an overview of broad economic trends in Thailand since the 1960s, with particular emphasis on three important socioeconomic outcomes: growth, poverty alleviation, and income inequality. It then discusses three conceptual frameworks that link formalization of land rights to economic outcomes. Building on existing models that link land titling to economic growth, it also introduces an original political model that incorporates a security dimension. Finally, it considers the emergence of substantial land and credit markets in Thailand and presents findings showing strong and substantively significant interrelationships among land titling, credit expansion, and economic growth.

Keywords:   land rights, Thailand, poverty alleviation, income inequality, land titling, economic growth, security, credit markets, credit expansion

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