Now showing 1 - 7 of 7
  • Publication
    Company Directors' Duties under the Good Corporate Governance Systems and Lessons from the Pin Chakkaphak Case
    (Thammasat University, 2002)
    The article analyses the major principles of the good corporate governance in the common law in comparison with those in the Thai legal system. It focuses, in particular, on the standards of a duty of care and diligence applied to company directors in Australian and English cases, and compares the different standards set out in the Australian Corporations Act 2001 (Cth) and Thai Public Company Limited Act BE 2535 (1992). It goes on to discuss in detail Pin Chakkaphak v Government of Thailand (2001) and the failure on the part of the Thai Government in the case in the English High Court to extradite Mr Pin Chakkaphak, the former president of Finance One Co Ltd, from the UK. The article argues that the Pin Chakkaphak case clearly demonstrates a number of loopholes in Thai corporate laws and financial regulations, which need to be substantially reformed by incorporating an objective standard of a duty of care imposed on company directors and a duty to avoid insolvent trading.
  • Publication
    Constitutionalism and the Rule of Law in Thailand
    Constitutional and political debates in Thailand currently revolve round good governance and the Rule of Law issues within the structure of the new 2007 Constitution. This paper aims to provide a critical analysis of the key issues relevant to the current constitutional and democratic reform process in Thailand after the military coup on 19 September 2006. This paper aims to provide a critical analysis of key issues relevant to the current constitutional and democratic reform process in Thailand. It will first trace Thailand's modern constitutional history. It will then discuss the fundamental principles of the 1997 Constitution in comparison with the new provisions of the 2007 Constitution that are designed to address some significant flaws of its predecessor. Specifically, it will examine the key issues for constitutional reform including the balance of powers, political vote buying and how to prevent future military coups. In order to break the vicious cycle of military coups followed by new constitutions and revolving door governments, the paper argues that Thailand needs to undergo radical changes, covering not only legal and political but also socio-economic reforms, which embrace the principles of constitutionalism, the rule of law and good governance at national, provincial and local or grassroots levels.
  • Publication
    The Constitutional Court of Thailand: Its Role in Protecting the Rule of Law and Democracy
    (University of Hong Kong, Faculty of Law, 2009)
    On 2 December 2008, the Constitutional Court of Thailand passed a unanimous verdict dissolving the ruling People Power Party (PPP), and banning Prime Minister Somchai Wongsawat, from politics for five years because PPP executives had been convicted of electoral fraud in the general elections in December 2007. In two separate verdicts on the same day, the Constitutional Court also dissolved two parties in his coalition Chart Thai and Matchimathipataya on the similar grounds. As a result of the Court's rulings, anti-government protesters, led by the so-called 'People's Alliance for Democracy' (PAD) or the 'Yellow Shirts', ended the week-long siege of Bangkok's Suvarnabhumi and Don Mueang airports. While the Constitutional Court's verdicts were greeted by the PAD and its supporters as a legitimate tool to heal Thailand's fractured democracy, others questioned whether a proper legal procedure was fully followed by the Court in arriving at such radical verdicts. The paper will first provide a review of the constitutional history of Thailand. It will then look at the powers and functions of the Constitutional courts under the former provisions of the 1997 Constitution in comparison with the new provisions of the current 2007 Constitution. In the next section, it will analyse the recent controversial cases decided by the Constitutional Court of Thailand, especially those concerning electoral fraud and corruption. Finally, the paper will critically assess the role of the Constitutional Court in protecting the Rule of Law and democracy in Thailand.
  • Publication
    Good Governance and Constitutionalism in the Digital Age: Thailand's Experience
    (Faculty of Law, Chulalongkorn Unversity, 2007)
    This paper intends to provide a critical analysis of key issues relevant to contemporary constitutional and political reforms with a view to promote and improve good governance practices in Thailand. It will first trace Thailand's modern constitutional history. It will then discuss the fundamental principles of the 1997 Constitution in comparison with the new provisions of the 2007 Constitution that are designed to address some significant flaws of its predecessor. Specifically, it will examine a number of important issues for recent constitutional reform including some of the current problems relating to the separation of powers and checks and balances, political vote buying and electoral fraud, rampant corruption, deterioration of good governance and challenges in preventing future military coups. In order to break the vicious cycle of military coups followed by new constitutions and revolving-door governments, the paper argues that Thailand needs to undergo radical changes, covering not only legal and political but also socio-economic reforms, which embrace the principles for good governance at national, provincial and local or grassroots levels. In order to accelerate such reforms in the digital age, Thailand must articulate its national Information and Communication Technology (ICT) policy towards building an informed civil society and thus promoting political inclusion and grassroots participation in democratic governance and decision-making processes.
  • Publication
    Impact of Globalisation on Global Poverty: The Roles of the IMF, the World Bank and the WTO
    (Thammasat University, 2006)
    Today there is no greater challenge facing humanity than that of global poverty in thewake of over a decade of globalisation. The search for global solutions to the povertyhas recently been the focal point of the UN General Assembly’s 2005 WorldSummit. The Summit, an important milestone in UN history, brought together worldleaders who pledged continuing support for the Millennium Development Goalsaiming at eradicating extreme poverty and hunger as their highest priority. No doubt,globalisation has brought in new opportunities for developing countries, includinggreater access to the market of developed countries. As a result of globalisation, thecountries of Southeast Asia have successfully built sustainable and growingeconomies which have helped elevate millions of people out of poverty. Butglobalisation has been associated with new challenges like global poverty andinequality across and within least developed countries. As illustrated in Table 1below, despite development aid and loans provided by the World Bank and theInternational Monetary Fund (IMF), which are conditional on free market policiessuch as trade liberalisation and privatization, the situation in sub-Saharan Africa isstill particularly critical and continues to worsen.
  • Publication
    Global Challenges to Fisheries Trade: A Case of Thailand
    (East China University of Politics and Law, 2006)
    Over the past decades, world fisheries trade has been growing considerably both interms of quantity and quality. As with other agricultural products, trade in fish andfishery products is crucial for national economies in several developing countries as itrepresents a major source of foreign currency earnings for their national economies.The fishery industry thus plays an important role in income generation, employment andfood security.Thailand has been one of the largest exporters of fish and fish products in the world,despite the current problem of overfishing in the Gulf of Thailand. Given the marineliving resources in the Gulf have shown a steady declining trend, Thailand has faced anumber of serious challenges to its fisheries production and trade.The paper will first provide an overview of the current status of fisheries resources andgeneral trends in global production, utilisation and trade. Second, it will discuss thecurrent challenges to international fisheries trade, including the overfishing problem as aresult of inefficient fisheries management; international competition for access to fishstocks in EEZs and the highs seas; illegal, reported, and unregulated (IUU) fishing andfishing subsidies linked to overexploitation of fish stocks; fishing subsidies trademeasures linked to environmental protection arising from the WTO rules and otherconventions relating to biodiversity, global warming and climate change. Third, thepaper will look at current fisheries management in Thailand including it currentlegislative framework, policies and practice. Finally, the paper will argue that in orderto meet the challenges to its fisheries trade and increasing pressures of the world’smajor importers as highlighted in the Shrimp/Turtle case, Thailand needs to complywith international standards on conservation and sustainable development of fisheryresources both within and beyond its national waters, for instance, by undertaking amajor reform of its fisheries legislation and policies and by increasing cooperation withregional and international fisheries organisations.
  • Publication
    A Right to Democracy in International Law: Its implications for Asia
    (Golden Gate University, 2006)
    International law has traditionally been neutral towards the concept of an entitlement to democracy. ... In addition, traditional international law did not concern itself with the democratic character of sovereign States since democratic governance was not a criterion of statehood. ... While the provisions of the cited international instruments promoted certain aspects of the concept of democratic governance, they did not necessarily entail an emergence of a right to democracy in general international law because sovereignty and non-intervention into domestic affairs were emphasisedin all such instruments. ... Those who have supported the right of pro-democratic intervention need to establish not only that a right to democratic entitlement is now accepted as a rule of customary international law by the international community as a whole, but also that a right to democratic governance will necessarily entail the right of a State or 'coalition of the willing' to use force to establish, maintain or restore a democratic regime in another State.