Chapter 2 gives a general view of the evolution of the Thai manufacturing sector. Chapter 3 describes the structure and development of the clothing and textile industry and government intervention, analysing protection policies as well as the effective rates of assistance (ERA) in the industry. Chapter 4 and 5 deal with MFA issues. Chapter 6 examines the exports of the Thai clothing sector in comparing its exports to Hong Kong. Chapter 7 presents a world clothing trade model to evaluate the welfare effects of the MFA on Thailand and to predict the future of Thai exports under different scenarios. Chapter 8 summarizes the conclusions

Reprint in booklet form of a journal article examining reasons for the recent rapid growth in the Thai clothing and textiles export business. This article was originally published in TThe World Economy' in 1990.