Economics
Election Risk Clouds Thailand's Outlook After Jump in Growth
- Vote due in February based on military government’s timeline
- Some expect election-year spending, optimism to aid expansion
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Political risk is making it more difficult to assess whether a pickup in Thailand’s economic momentum will continue into 2019 and beyond.
A long-delayed election is due in February after more than four years of rule by military government, according to a timeline Prime Minister Prayuth Chan-Ocha reiterated last week. Some analysts expect the vote to spur poll-related spending and improve sentiment, boosting the economy. Others argue the policies rolled out by the next administration will be of greater importance.