Thanong Bidaya
Encyclopedia
Thanong Bidaya is a Thai politician and deposed Finance Minister. After the military overthrew the government of Thaksin Shinawatra, he remained in Singapore where he was attending the annual meeting of the World Bank/IMF.

Early life and education

Thanong was born in Suphanburi province
Suphanburi Province
Suphan Buri is one of the central provinces of Thailand. Neighboring provinces are Uthai Thani, Chai Nat, Sing Buri, Ang Thong, Phra Nakhon Si Ayutthaya, Nakhon Pathom and Kanchanaburi.- Etymology :...

. He has 4 siblings, all of whom are teachers. Thanong was the only boy in his village to earn a bachelor's degree. He later earned a PhD.

Academic and research career

Thanong became the Dean of the Graduate School of Business Administration or NIDA Business School, National Institute of Development Administration
National Institute of Development Administration
National Institute of Development Administration is Thailand's most prestigious graduate university under the Commission on Higher Education, the Ministry of Education...

 (NIDA). He also worked for a time as a researcher at the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 in Washington, DC.

He later left his academic career for a career in business, citing insufficient income. From April to August 2007, Thanong was a visiting professor at the International Graduate School of Social Sciences, Yokohama National University, Japan.

Political career

Thanong was invited by the government of Premier Chavalit Yongchaiyudh
Chavalit Yongchaiyudh
General Chavalit Yongchaiyudh is a Thai politician and retired general. He was Thailand's 22nd Prime Minister from 1996 to 1997. He is of Sino-Thai and ethnic Lao descent....

 to be Finance Minister from June to October 1997, the height of the Asian financial crisis.

He served as Finance Minister under the government of Thaksin Shinawatra
Thaksin Shinawatra
Thaksin Shinawatra is a Thai businessman and politician, who was Prime Minister of Thailand from 2001 to 2006, when he was overthrown in a military coup....

 for a second term from August 2005 until the military coup of September 2006.
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