Saturday, May 29, 2010

Difficulties with Early Elections in Thailand

After two months of particular inflamed protesting in & around Bangkok, the Thai government is looking to move forward with elections. Despite the want & need to move forward, it will be difficult for Thai Prime Minister Abhisit Vejjajiva to hold a November election as he proposed.

According to Bloomberg Businessweek, “It’s a lot more difficult now to have elections before the end of the year because the November date was set with the protesters joining in the plan right from the start,” Abhisit told foreign reporters today in Bangkok. “Because that hasn’t happened, it’s going to take a while longer to establish the right kind of environment.”

For the last 53 days, there has been a state of emergency in the capital & other parts of Thailand. The curfew imposed on May 19 was just lifted today when a military assault on anti-government protesters seeking an immediate election ended two months of rallies & arson attacks.
Abhisit aims to restore international confidence in Thailand after clashes between troops & protesters, which left at least 85 people dead. Finance Minister Korn Chatikavanij said on May 24 that losses from tourism revenue and investments should be expected because of the rallies, which may shave about two percentage points from economic growth this year.

Link: http://www.businessweek.com/news/2010-05-29/thai-early-election-difficult-after-dispersal-abhisit-says.html

Submitted By: Brian C. Gaddis

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