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Well-being capital and government’s intervention to dam’s affected residents: Pak Mun Dam, Thailand

Pattaraphongpan Chaiyamart, William Gartner and Kristen Nelson
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Pattaraphongpan Chaiyamart: Natural resources science and management, University of Minnesota, St Paul, Minnesota, USA
William Gartner: Applied Economics, University of Minnesota, St Paul, Minnesota, USA
Kristen Nelson: Forestry, University of Minnesota, St Paul, Minnesota, USA

International Journal of Research in Business and Social Science (2147-4478), 2021, vol. 10, issue 4, 288-301

Abstract: Government plays an important role as a well-being capital provider through policies, strategies, or even direct provision to local residents to improve their livelihoods. Pak Mun Dam is one of the most controversial dams in Thailand, and government intervention is needed to solve the issues the dam has created. This study tests the premise that government intervention will impact overall well-being only through structural means by providing strategy and policies related to social and economic well-being. Government training programs and government services will impact over all well-being through social well-being. A satisfactory solution to the Pak Mun Dam situation will impact overall well-being through economic well-being. In this study a number of items, related to different well-being dimensions, were examined. The findings suggest that appropriate policy must address the four significant items which surfaced in the economic well-being measure and ten items in the social well-being dimension. Key Words:multidimensional well-being, Pak Mun Dam, sustainable, development

Date: 2021
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International Journal of Research in Business and Social Science (2147-4478) is currently edited by Prof.Dr.Umit Hacioglu

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