ABSTRACT
Weak governance – spanning legal, corporate and public sector dimensions – was arguably one of the fundamental causes of Thailand’s economic crisis of 1997. The ongoing debate concerning the appropriate strategy for economic recovery has emphasized weaknesses in the outcomes of public sector performance: macroeconomic policy, financial sector management, competitiveness and poorly targeted service delivery. However, to date, less attention has been given to the fundamental weaknesses in public sector governance that emerged during the crisis and which impede the restoration and sustainability of economic development. These matters are the focus of this chapter.
