It has been argued that restrictions on industrial policy implemented under World Trade Organization rules in the 2000s have greatly reduced the ‘policy space’ in which developing countries can promote industrialisation. This paper examines the case of Thailand's policies in developing one...

Industrial policy, global value chains, and the Southeast Asian automotive industry -- Overview of the automotive industry in Southeast Asia -- Japanese automotive MNCs and ASEAN -- Thailand -- Indonesia -- Malaysia -- The Philippines -- Vietnam.