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Author:Engardio, P.
Horn, R.
Corben, R.
Title:Wounded tiger
Journal:Business Week
1996 : OCT 14, VOL. 3481:811, p. 22-23
Index terms:ASIA
ECONOMICS
THAILAND
Language:eng
Abstract:Will new Thai elections spark reform? It took 14 months but Thai Prime Minister Banharn finally found a way to instill confidence in his country's floundering economy: he resigned and called new elections. November elections will be a crucial test of whether the optimism is justified. The next ruling coalition could be run by the same cast of cronies that kept Thai politics mired in scandal and gridlock for decades. For an Asian Tiger, Thailand sits in a precarious financial state. The miserable performance of Thailand corporate sector raises concerns that a slowdown could have wide fallout.
SCIMA record nr: 155753
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