The double-digit growth rate of the country's economy under the Government of Prime Minister Chatchai Choonhavan, the increasing role taken by the middle class, the beginning of the age of globalization, the development of art institutions and the growth in arts patronage all played an important role in contributing to modern Thai art. Modern Thai art, which had its beginnings during the early years of His Majesty's reign, reached its full diversity and intensity in this decade. This culmination is evident from the burgeoning of mixed-media, installation, performance, computer and video art. Among the artists working in these media are Montien Boonma, Chumpol Apisuk, Kamol Phaosavasdi, Surasi Kusolwongse and Sutee Kunavichayanont.

As the country develops towards capitalism, more social-critical works appear, this is seen through the works of Vasan Sithikhet, Supachai Satsara, Somboon Hormthienthong and Chatchai Puipia. And as the society progresses globally, the fear of loosing one identity grows stronger. This fear has led to more campaigns stimulating traditional revivalism - this has taken the form of art competitions in subjects stressing the unity of the nation and paying homage to Royalty.

Thai, identity-based, neo-traditional art grew stronger - to as great an extent as the prevailing mixed-media art movement. There are works which obviously reflect the values and beliefs of particular regions as reflected by Prasong Luemuang, Paritas Hutangura, Netikorn Chinyo and Teerawat Kanama. Other artists such as Panya Vijinthanasarn and Kamin Lertchaiprasert seek a contemporary Thai identity.

It has been during this decade that Thai artists have achieved wide recognition in the international art circle. Thavorn Ko-udomvit, Montien Boonma, Kamol Phaosavasdi, Vasan Sithikhet and Araya Rasdjamrearnsook have exhibited successfully at international art shows, especially in Southeast Asia.

In the local art scene, there is growing interest in the support of art by private enterprises. The Petroleum Authority of Thailand established an art competition in 1986, following by Toshiba Thailand Co., Ltd., in 1993, Phillips Morris Group of Companies in 1994 and SVOA Group in 1995. These events continue to develop. In addition, there is increasing recognition of women artists both in local and international art scene.

Art collecting is increasing alongside the country's economy and industrial development, in both private and public sectors. Most newspapers and magazines now have an art column. And the mushrooming of high-rise office buildings, hotels and houses has resulted in a growing demand for decorative art.

The above factors have contributed to the development of modern Thai art in quality, quantity and economic value. However, the Thai art world lacks a museum of modern art. The creation of a critical and historical institution would increase awareness of art and establish a forum for the development of a critical dialogue. This must occur for Thai art to continue developing into the future.