So I am working on this project where Burma, Thailand and Malaysia undergo rapid economic transformation and become tiger economies. The divergences mostly happen after 1948. All your help would be appreciated ^^.

For Burma, I'm thinking of perhaps not assassinating Aung San. He was the face of Burma, and he could've prevented much of the ethnic conflict. Perhaps instead of the Panglong Agreement, the nation could've been made completely federalised. This could've made the conflict in the southern states like Kayin not as bad as it was irl. Ne win would not have been promoted to Lieutenant General, and Smith Dun (Smith was a Karen, his unreasonable termination did accelerate tensions between the Karen and Bamars) would've retained his position. To prevent military coups from taking place, we can implement some policies such as issuing ethnically heterogenous army regiments, establishing a military ombudsman post, and perhaps sending parts of the army to UN peacekeeping missions (once the insurgencies end) so that it doesn't take an interest in politics. Following that we could possibly see some early socialist reforms such as land distribution, the formation of cooperatives, provision of free food and healthcare to the poor, and some educational reforms, followed by a slow process of liberalisation once domestic industry prospers. Perhaps turn the country into some sort of South Korea, since Burma was actually better off than South Korea in the 1950s. For the Rohingyas, much of the conflict was due to Islamophobia and ethnic nationalism in Burma. To prevent the Rohingya exodus, perhaps we could prevent Burma from being declared as a Buddhist nation, and possibly create an inter-ethnic forum, to encourage dialogue between the different ethnic groups. Since Burma did have a communist insurgency until the 1980s (which was supported by China), there's a high chance it would've become slightly pro-US. If it did join the war in Vietnam against the communists, the US would probably provide aid for Burma to leech off from. With a US-Thai taskforce, a joint program against the CPB could be launched. Also, since Ne Win doesn't come to power, there wasn't an exodus of Indian and Chinese businessmen.

I'm not quite sure about Malaysia and Thailand though. Both of these nations were considered emerging tiger economies until the Asian Financial crisis hit. Perhaps we could somehow prevent that? I'm not sure how though.
 
Aung San not being assassinated is a good PoD though I’m not quite sure what else could be done for Thailand and Malaysia. What’s interesting is how those two have really diverged since 1998; Malaysia actually has a pretty decent economy while Thailand hasn’t quite kept up. Oil probably has a fair bit to do with that.

A better Burma probably has a GDP per capita somewhere below Thailand but above Vietnam and Cambodia, which is a huge win.

One thing to recall about all those “better off than Korea!” stats, though - the reason Korea was sub-Saharan Africa poor in the 1950s was the war. It was above the Asian average for economic growth and industry before that (when unified at least) and had ample natural resources. Partition and the Korean War were the setbacks; it had/has other advantages some of the SEA countries don’t
 
I think the best option for Thailand would be finding some way to decrease the economic effects of 1997 by either putting in policies in the 80s or 90s that prevents the nationalistic fervor that propelled Thaksin to victory. Thailand from 1992 to 2006 was experiencing a period of free democratization that was unparalleled prior to and after that date. However, Thaksin Shinawatra's controversial Prime Ministership caused the unlikely alliance of the Thai military-monarchy-Bangkok middle class, fearing Thaksin's populist coalition of the poor and big business, to topple him in a coup in 2006, which had subsequently restarted the series of chronic coups that have virtually plagued Thailand since 1932. I think you just have to look into Thailand's economic policies during the 80s and 90s to create a plausible TL for this. If successful, I think you could pull a Malaysia/Indonesia/Vietnam for Thailand.

Another big problem is the economic and political disparity between Bangkok and the rest of Thailand. Bangkok is massively more advanced, has a bigger population, and has greater wealth than the rest of Thailand's major cities, comparatively. It has much more of a say in national discussions, which causes friction with the rural population and the rest of Thailand, as seen with the conflict between the red shirts (pro-Thaksin, mainly farmers and poor people from the countryside) and the yellow shirts (anti-Thaksin, royalist, Bangkok's middle class) in regards to Thaksin.

I recently watched a video on Youtube about the current state of Thailand's economy, called "The Economy of Thailand: More than Tourism?" by the Youtuber "Economics AltSimplified", which could be a useful starting point:
 
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