Abstract
The rapid growth of the Thai economy and the concommitant need for infrastructure} development has led to an increased role for private business in in/rastructural projects. Perhaps the most interesting of the several forms of privatization of state enterprise activities in Thailand is the government-business contractual rela tionship and the BTO (build-trans/er-operate] style in/rastructural development it has spawned. State enterprises have had difficulty adjusting their relationship to business from the traditional total control hierarchical bureaucratic-polity style of the past to a more appropriate co-operative partnership style. Complications have arisen as a result of the contracting process itself, which is ill defined, fraught with political manipulations, and encourages ambiguities in the contract.
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