The Thai economy is poised for recovery this year, but before that the country faces a contentious general election on 14th May which could be a trigger for fresh political unrest. Beyond the near term, the country’s economic potential looks set to be dogged by structural challenges that none of the main prime ministerial candidates appear willing to address.
Economists from our EM Asia team held a special pre-election briefing on Thailand’s near to long term economic outlook. During this 20-minute session, the team answered client questions on Thailand, as well as the rest of the Emerging Asia region, as they addressed key issues, including:
- Why Thailand is likely to be one of the best performing regional economies this year;
- Why the Thai economy is set to underperform over the long term;
- What the latest GDP and inflation data mean for the monetary policy outlook.