This volume is divided into four parts. The first part gives an overview of Thai industrialization and the roles of agriculture, manufactured exports, direct foreign investment and tourism as major contributors to recent fast economic growth. Part 2 analyzes the impact of industrialization on government finance, monetary policy, urbanization, and household welfare. Part 3 further investigates impact on political development, social values, the environment, education, health, and science and technology. The final part looks at the future role of Thailand as a newly industrialized country in Asia.