Political vacuum 'damaging' | Bangkok Post: business

Business > News

Political vacuum 'damaging'

Academic warns of hit to economic growth

- +

The Bangkok shutdown by anti-government protesters and the absence of a functional government could shave one percentage point off Thailand's economic growth, says an academic. 

"Economic growth this year could come in below 2%, given that the political situation continues and there is no government in place," said Prof Bhanupong Nidhiprabha, the dean of Thammasat University's economics faculty.

Political problems have taken a toll on private consumption and foreign investors' confidence, both considered main drivers of economic growth.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

6 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments