| In 2001 Pol. Lt. Col (Police Lieutenant Colonel) Shinnawatra ("Taksin") assumed as a 23th Thailand prime minister position. The time when he in charged as a prime minister, Thailand still affected badly by the recession in 1997. Therefore, solving Thailand economic problem is one of the main goals that need to precede an urgent solution.In order to solve Thailand’s economic issue, government under Taksin Prime minister has used many kind of solution. One important policy that used to solve nation economy issue is to absorb international fund for the investment in Thailand. So as to absorb international fund into Thailand, the investment environment in Thai need to be reform for the better. Result in the increasing investment of foreigners.In the era of Taksin government, they have many solutions solving investment environment issue. The one outstanding solution is the altered of law field. Taksin era government set up a laws policy to attract the investor in many ways. Such as reform Thai nation’s law, took part in international economic association, included making a covenant with foreigner, with the purpose of making the foreigner easier investing in Thai.There are many countries which Prime Minister Taksin hoping to attract them to invest in Thailand. The important one is China, which Taksin give much precedence to China. And the reason that made Taksin are so concerned about attract China investment fund can separated in to two points. (1) At that time, China economic is rising rapidly, and it has a policy that allow Chinese investor invest in others country called go global strategy. (2) Since Thai and China diplomacy established a relation, the relationship between two countries goes in a good way. China also has a policy to expand their power peacefully called peaceful rising, which made Thai have confidence in collaborating in the field of economy.This research will be divided into three main sections; introduction, the main body, and summary. The introduction will explain the origins and the importance of the problems that the author has put forward. The author also explains the researches that were conducted inside the country, the research method, and the scope of the research. The main body will be divided into four parts.First, it explains the basic strategies that were used to solve the problems. Including the strategies that were used for direct investment between the countries, and the structure. In addition, it also explains the method of how to analyze the environment of investment. The author has divided the main factors of direct investment between countries into four parts. The first part focuses on whether or not the law inside the country is sufficient. The second part explains the relationship between the country that wants to invest and the host country. The third part explains how the two countries will join in the international economic organization. Lastly it explains the treatment of investment disputes.Second, it explains the relationship between Thailand and China before the Taksin’s regime. Because the relationship between Thailand and China has always been good, it enable the relationship between Thailand and China to improve in the fast pace and expand in other areas during the Taksin’s regime.Third, the author explains the changes in Thai legal policies in attracting the Chinese investors. The strategy can be divided into four parts. The first part is changing the law about investing in Thailand. Second, joining the international economic organization. Third, agreements that has been made between Thailand and China. Lastly, improvement of the treatment of investment disputes.Fourth, the author has analyzed how the current Thailand government is using the Taksin’s implementation of novel legal policies, and the position of Thai people to the Taksin’s policies. The author has also analyzed the environment in investing in Thailand in regard to Thailand’s law. The author used the theory of "Country of hot and cold of Comparative Law" in analyzing the environment.The summary, the author summarized the Taksin’s policies and the effects it has on Thailand’s economic and the current state of China investment in Thailand. Which the author has founded that during the Taksin’s regime, Thailand economic has vastly improved and there is an increase in Chinese investors in Thailand. During the post Taksin era, the investment from other countries has continue to increase to the point where the author can conclude that the Taksin’s policies are very effective in attracting Chinese investors.The author had research about this topic with the purpose of:first, to understand Taksin’s law policy that had toward China.; Second, Understanding of Taksin playing keys roles in developing China-Thailand relation; and third, Mastering impacts on Taksin’s international investment policies affecting the China-Thailand relation. |
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