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1 results

  • 23 - Privatization of Constitutional Law: Thailand

  • from VII - Challenges to Liberal Democratic Constitutionalism
  • Edited by David S. Law, University of Virginia
  • Book:
    Constitutionalism in Context
    Published online:
    17 February 2022
    Print publication:
    17 February 2022, pp 517-540

  • Summary

    Private regulators operating across national borders play and increasingly important role in areas once occupied exclusively by states and state law. These new regulators and their regulatory regimes challenge state-centred conceptions of law, including public law. The Equator Principles (EP) make up a private transnational regime that seeks to regulate infrastructure project finance world-wide. It includes detailed environmental and social impact standards and procedures. After offering a primer on Thailand’s constitutional system, the chapter turns to a case study of the Equator Principles regime that explains how it works, explores its impact in Thailand, and considers its implications – practical, conceptual, and normative – for the uncertain boundaries between private law and public/constitutional law in Thailand.