Murky outlook from analysts | Bangkok Post: business

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Murky outlook from analysts

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The economy is always hurt in times of political unrest, but economists expect limited fallout from the Bangkok shutdown even if it lasts a month. 

Usara Wilaipich, a senior economist at Standard Chartered Bank, said she has not quantified how the shutdown and mass rallies will act on the Thai economy, but her view is economic growth will pick up if the conflict dies down by mid-year.

"If the protests continue beyond June, then they will affect the government's budget disbursement and public investment, while inducing a psychological effect on investment in the bond and stock markets," said Ms Usara.

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