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Could the economy be Thailand's saving grace?

Could the economy be Thailand's saving grace?

 

Thitinan Pongsudhirak 


After King Bhumibol Adulyadej's seven-decade reign, Thailand is an emotionally charged landscape, overcome with grief and nostalgia for a remarkable past and anxious about an uncertain future.On the late monarch's watch, the country clocked steady growth on sufficient political stability to rise from a village backwater to a modern nation with a 70-million-strong market and a $400-billion economy. But unless Thais can come to new terms in their society through renegotiation and recalibration, all their achievements will be at risk. As political volatility looms, the economy that grew out of King Bhumibol's reign may -- ironically -- prove to be Thailand's saving grace.

 

http://asia.nikkei.com/Viewpoints/Viewpoints/Thitinan-Pongsudhirak-Could-the-economy-be-Thailand-s-saving-grace


Thitinan Pongsudhirak is associate professor and director of the Institute of Security and International Studies, Faculty of Political Science, Chulalongkorn University. This article was previously published in ASIA NEIKKEI.

 


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