Political crisis takes its toll on Thailand’s economy

Thailand’s politicians “like to think of their country as the natural engine for growth in mainland South-East Asia”, says The Economist. “This year, it is acting as a brake.”

The five-month stand-off between the government and supporters of the opposition, whose violent protests eventually led to new elections that have just been annulled by the constitutional court, shows little sign of ending soon.

Ideally, says Capital Economics, the two parties would agree to respect the results of new elections, but “the threat of escalating violence has come back to the fore”. The ongoing political uncertainty means that the economic [...]

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