reader Posted August 5, 2020 Posted August 5, 2020 From Thai Enquirer New study by think tank shows coronavirus pandemic could have political ramifications A new study by the International Crisis Group released this week shows that the economic ramifications of the coronavirus pandemic could have knock-on political consequences in Thailand. According to a study by the Brussels-based think tank, the current financial crisis stemming from the pandemic will “strain a society simmering with discontent and a political order designed to thwart popular political participation.” The group said that even before COVID-19, the economy was “faltering” and the crisis will likely exacerbate Thailand’s political and economic divide which in turn could trigger a social and political “reckoning.” The group recommended political reform to encourage mass participation and accountability but said that significant challenges remain before such reforms could take place. “The fundamental problem is political: the reforms necessary to upgrade Thailand’s economy run counter to the interests of the country’s elite,” the report said in its executive summary. The writers of the ICG report also said that any political change would be meaningless without addressing the 2017 charter. “Reform will have to start with amending the 2017 constitution,” the report said before saying that outside pressure is the most likely vehicle of change. “This is unlikely; the drafters made it effectively un-amendable. Consequently, popular pressure remains, for the moment, the most viable mechanism to bring about change.” With student protests increasing in recent weeks and with opposition parties finally getting their act together, the Prayut administration will likely face its first sustained challenge since Prayut Chan-ocha took power in a 2014 military coup. To view the study https://www.crisisgroup.org/asia/south-east-asia/thailand/309-covid-19-and-possible-political-reckoning-thailand vinapu 1 Quote
vinapu Posted August 5, 2020 Posted August 5, 2020 that would be sarcasm of the fate is we eventually are allowed to the country but chose not to go afraid of being stuck in the political upheaval. as for amending constitution , why bother ? Better to draft new one ,Thailand has good track of changing constitutions more often than some people taking shower Quote
ggobkk Posted August 5, 2020 Posted August 5, 2020 It's like reading tea leaves...last night there was an international demand for Thai government bonds, the dollar was slipping in most currency markets BUT NOT against the Thai baht. Who knows?! Quote