K-Research: Politics may slash GDP growth | Bangkok Post: business

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K-Research: Politics may slash GDP growth

2014 scenarios range from 0.5% to 4.5%

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As anti-government protests rumble on, Kasikorn Research Centre (K-Research) forecasts national economic growth next year ranging from 0.5% to 4.5%, according to four ways the dispute could play out. 

Under a baseline scenario, with a new government installed by the first half of 2014, Thailand's gross domestic product (GDP) is estimated to rise 4.5% over the year, as long as the new administration launches fresh economic stimulus measures.

But if a new government fails to introduce effective stimulus measures, the forecast slips to 3.7%, said deputy managing director Pimonwan Mahujchariyawong.

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