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The paper evaluates Thailand’s shift from systemic fragility to adaptive resilience through institutional learning.

December 11, 2025Journal of High School ScienceOpen Access

From fragility to hybrid resilience: institutional learning and the adaptive function of informality in Thailand’s dual crisis (1997-2020)

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This evaluation highlights informal economy's role in building resilience and addressing vulnerability in Thailand's dual crises.

The paper evaluates Thailand’s shift from systemic fragility to adaptive resilience through institutional learning.
Synthesis of evidence from the 1997 Asian Financial Crisis and the 2020 COVID-19 Crisis.
Development of Hybrid Resilience concept to analyze interactions between formal and informal institutions.
Introduction of Dynamic Trade-Risk Mitigation Reserve for economic stability.
Findings emphasize the importance of informal economy in absorbing economic shocks.
Highlights Thailand's structural vulnerability to global trade fragmentation.
Suggests that extending Hybrid Resilience to external shock mitigation is crucial for governance.

Sirin Lerdsirisopon (2025) studied this question.

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