Thailand’s Generals Can’t Restart the E…

Most of Thailand’s economic news is continuing to dampen any remaining hope that the military junta, now in power for 15 months, would usher in an era of economic revival. The kingdom is at best static while long-laggard neighbors Vietnam, Myanmar and the Philippines appear to be on the rise. Indeed the perception at home and abroad is of a society which has stalled despite its combination of entrepreneurial spirit and ethnic cohesion. This is not just reflected in the divide between red and yellow shirts, between richer and poorer, between rural and urban regions.

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