2012
DOI: 10.1111/j.1467-9493.2012.00464.x
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After the 1997 financial crisis in Bangkok: The behaviour and implications of a new cohort of street vendors

Abstract: After the 1997 financial crisis, many retrenched workers preferred not to return to provincial homes but remained in Bangkok to establish informal retail businesses in branded and other consumer products. In contrast to traditional street vendors, who specialized in food items primarily catering for low‐income customers, and focused on high volume, these ‘new generation’ street vendors also adopted more formal business practices. Given their greater sophistication and better education, we hypothesized that the… Show more

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Cited by 6 publications
(5 citation statements)
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“…They are more likely to belong to traditional vendors (Yasmeen and Nirathron, 2014). However, owing to the Asian financial crisis in 1997, a large number of office workers lost their jobs from the company's downsizing or closure (Walsh and Maneepong, 2012). Many had to sell their valuable belongs in flea markets, which were springing up in major cities in response to this new activities.…”
Section: Street Vendormentioning
confidence: 99%
“…They are more likely to belong to traditional vendors (Yasmeen and Nirathron, 2014). However, owing to the Asian financial crisis in 1997, a large number of office workers lost their jobs from the company's downsizing or closure (Walsh and Maneepong, 2012). Many had to sell their valuable belongs in flea markets, which were springing up in major cities in response to this new activities.…”
Section: Street Vendormentioning
confidence: 99%
“…Studies of informal street vending (e.g. Walsh & Maneepong, 2012) indicate that people will take opportunities to earn income on a short-term basis, perhaps even daily (Walsh & Jha, 2012), following the Rimmer and Dick (2009) explanation of households in which all members contribute as they can under shifting circumstances that require continual re-evaluation of prospects. Tax is unlikely to be an issue, but claiming COVID benefits became one.…”
Section: Ongoing Readingmentioning
confidence: 99%
“…Market stalls, whieh eover part of a railway line, are wheeled out of the way of trains that pass through eight times eaeh day While Maeklong market is a speetaeular and unusual form of spatial-temporal adaptation, it may also be considered as an example of the mueh more mundane and widespread phenomenon of eomplex adaptive assemblages that ehange with the time of day and seasonally, as well as following less predictable eyeles of économie boom and erisis (on the new generation of street vendors in Bangkok, following the Asian Financial Crisis, see Walsh and Maneepong, 2012). Market stalls, whieh eover part of a railway line, are wheeled out of the way of trains that pass through eight times eaeh day While Maeklong market is a speetaeular and unusual form of spatial-temporal adaptation, it may also be considered as an example of the mueh more mundane and widespread phenomenon of eomplex adaptive assemblages that ehange with the time of day and seasonally, as well as following less predictable eyeles of économie boom and erisis (on the new generation of street vendors in Bangkok, following the Asian Financial Crisis, see Walsh and Maneepong, 2012).…”
Section: Perspectives From Urban Asiamentioning
confidence: 99%