The ease of generating exports from natural resources, which resulted
in logging and extensive cultivation, partly reduced the drive of the Thai government to
develop labour-intensive and knowledge-intensive manufactured exports from the 1950s to
the 1980s. However, it may be too simple to impark on the stages of economic development
in developing countries by using only resource endowment as a prerequisite. This thesis is
old and interesting, but it is certainly not sufficient to understand the whole story.