Prime Minister Abhisit Vejjajiva appears set on wielding the military to enforce a tough crackdown on the opposition pro-Thaksin Shinawatra ‘Red Shirt’ protestors, currently encamped in the commercial Ratchaprasong area. In my view, the use of force will do little to address the deep-rooted issues dividing the urban elites and the rural poor. Thai assets [Read more...]
Kyrgyzstan and Thailand generally have very little in common, but this week they have both found themselves gripped by political crises. Kyrgyzstan’s government has been overthrown, but so far the drama in Thailand has been contained. What to make of this?
Kyrgyzstan
The immediate crisis has been triggered by massive energy price increases and a crackdown [Read more...]
The long-heralded ‘Asian growth story’ is rapidly becoming an ‘Asian collapse story’ in 2009. Perhaps ‘collapse’ is too strong a word, but Business Monitor International (BMI) has recently revised or is currently in the process of revising down its GDP growth forecasts for several Asian economies, including South Korea, Taiwan, Thailand, Singapore, and Hong Kong. [Read more...]
Subscribe to our free daily or weekly email newsletters or get our latest posts on your prefered RSS reader.
