An Analysis of Policy Development: A Case Study of Thailand’s Village and Urban Community Fund

Abstract

               This article studies how to develop policy of village and urban community fund in several dimensions such as future development plan and other relevant issues. It is found that for the village fund policy, with 16-year operation, each fund has different management contexts. Therefore, in order to develop sustainable village fund, some dimensions need to be focused on such as target planning, income generating activities, networking for fund management, etc. The main propose is to utilize village fund as a source of income for the community and to create an opportunity for leveling up quality of people’s lives. If the village fund becomes a sustainable financial institution and provides service in the community, or even at sub-district level, the community will be able to build up welfares and develop the community’s economy in several aspects in the future.