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Crown Property Bureau in Thailand and Its Role in Political Economy Porphant Ouyyanont (Singapore: Institute of Southeast Asian Studies Publishing, 2015) (Book Review)
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Crown Property Bureau in Thailand and Its Role in Political Economy Porphant Ouyyanont (Singapore: Institute of Southeast Asian Studies Publishing, 2015) (Book Review)

K. Hewison
Journal of Contemporary Asia, Vol.46(3), pp.538-540
2016
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Abstract

In 2008, Porphant Ouyyanont published “The Crown Property Bureau in Thailand and the Crisis of 2007,” in this journal. It was a seminal contribution, being the first English-language account of the organisation that manages the crown’s institutional wealth. That article changed the ways in which authors and journalists have considered the Crown Property Bureau (CPB) and how it has been reported since then. By calculating the assets of the CPB he made more accurate earlier guesses at its worth. Even allowing for some errors in estimating the secretive CPB’s assets and its unique legal status, his estimate of US$27 billion meant that the CPB was Thailand’s largest conglomerate

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