The Income of Thai-Chinese Clan Association and Thai Capitalist Economy
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Abstract
Nowadays, there are 64 members of the single surname clan associations and 6 members of the multiple surname clan associations in United Chinese Clans Association of Thailand (UCCAT). Most Thai-Chinese single surname clan associations have more than 40 years history. Annually, they obtain the donations from their members to hold the ritual of ancestral worship and other activities. This paper attempted to reveal the relationship between the development of Thai capitalist economy and the income of Thai-Chinese clan associations. It highlights crucial role of “bureaucratic-Chinese patronage system” in Thai capitalist economy. Moreover, the paper uses case-studies to describe the Thai-Chinese “rag-to-riches” success story. According to the survey and the data of the Thai-Chinese Clan Association, the paper proved that the 1997 Asian financial crisis had little effect on the income of Thai-Chinese clan associations.
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