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Thailand’s Economic Wreckage – With the barricades down, counting the damage begins

December 16th, 2008 · No Comments

The extent of the damage to Thailand’s economy is just starting to come clear in the wake of the chaos wrought by anti-government protestors who drove away risk-averse investors and wrecked the tourism industry with the closure of Bangkok’s international airports.

With the Democrat Party’s leader Abhisit Vejjajiva installed Monday as the new Thai prime minister, business and tourism leaders are hoping that the political situation is finally starting to even out, although there is no guarantee that the “Red Shirt” backers of former Prime Minister Thaksin Shinawatra won’t take to the streets in outrage over what they regard as having had their democracy stolen from them in a Royalist coup. Read more…

Tags: · features · Thailand

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