Social Financial Grants in Thailand: A Catalyst for Inclusive Development and Economic Stability

  • Mohamad Zreik Universiti Sultan Zainal Abidin (UniSZA), Terengganu, Malaysia http://orcid.org/0000-0002-6812-6529
  • Nazatul Faizah Haron Universiti Sultan Zainal Abidin (UniSZA), Terengganu, Malaysia
DOI: https://doi.org/10.15826/csp.2025.9.2.333

Abstract

This paper examines the role of social financial grants in fostering inclusive development and economic stability in Thailand. Drawing from both historical and contemporary perspectives, the study explores the impact of these grants on marginalized communities, with a particular focus on their ability to alleviate poverty, support education, and promote social justice. Through a critical analysis of the Thai government’s policies and the involvement of international organizations, the paper highlights the challenges and successes of implementing social financial grants in a developing country context. The findings underscore the importance of sustainable funding mechanisms and transparent governance in ensuring the long-term effectiveness of social financial grants as tools for socioeconomic empowerment.

Author Biographies

Mohamad Zreik, Universiti Sultan Zainal Abidin (UniSZA), Terengganu, Malaysia

Dr. Mohamad Zreik is a visiting research fellow at Universiti Sultan Zainal Abidin. Dr. Zreik has extensive experience in political analysis, international relations, and economic studies, with a strong academic background that includes a PhD from Central China Normal University. His work has been featured in prominent international sources. He is active in various professional networks and research communities. Research interests: development studies, political economy, cultural studies, China studies.

Nazatul Faizah Haron, Universiti Sultan Zainal Abidin (UniSZA), Terengganu, Malaysia

Dr. Nazatul Faizah Haron earned her PhD in Environmental Economics from Universiti Putra Malaysia in 2015. She specializes in economic valuation, sustainability, and natural resource economics. She has led multiple research projects on environmental and economic valuation and actively mentors PhD candidates. Dr. Haron is involved in policy engagement as a member of the East Asian Association of Environmental and Resource Economics and Economy and Environment Partnership for Southeast Asia. Her recent publications include studies on social financial grants, humanitarian law, and green finance. Research interests: economic valuation, non-market valuation, sustainability, conservation economics, environmental economics, and development economics.

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Published
2025-07-12
How to Cite
Zreik, M., & Haron, N. (2025). Social Financial Grants in Thailand: A Catalyst for Inclusive Development and Economic Stability. Changing Societies & Personalities, 9(2), 381-397. doi:10.15826/csp.2025.9.2.333
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Vol. 9, No. 2 (2025)
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Articles