TITLE

Thaksin's Landslide Win Brings Risks

PUB. DATE
March 2005
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Mar2005, Vol. 16 Issue 3, p1
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article presents information related to the Thai primeminister Thaksin Shinawatra's landslide victory in the elections. The landslide victory of Prime Minister Thaksin Shinawatra's Thai Rak Tahi party in the February 6, 2005 general election carries several risks. Although Thai Prime Minister Thaksin Shinawatra's overwhelming election victory bodes well for political stability and overall economic expansion, BMI believes that there are nonetheless several risks associated with such a strong mandate. The central bank, the Bank of Thailand (Bank of Thailand) (BoT), recently cut its 2005 forecast for real GDP growth to reflect disaster damage to between 5.25% and 6.25%, from between 5.5% and 6.5%.
ACCESSION #
16606003

 

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