In the last few years, Thailand has emerged as one of the world's most dynamic economies. Yet Thailand is still little known and sparsely written about. This book is the first full-length overview of Thailand's economy and politics. It is based on a wide range of sources in both Thai and English. Its focus is on the second half of the twentieth century, set in a deeper historical context of Siam in the Bangkok era. It plots the transition from rice economy to emerging industrial power, and from absolutist monarchy to one of Asia's most open and lively democracies. The book will be useful for students, interesting for the general reader, and challenging for specialists.