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While many people were surprised by the Military coup in 2006, the effect on the running of the country has been minimal so far. The new regime have promised to look at democratic elections in the short term, although as yet no date has been set. While obviously force was used to eject the old ruling regime, it seems that there has been no backlash towards the population although there has been come censorship of the media. Contents: Economy in Thailand | Prospects in Thailand | Thailand Facts Economy in ThailandThailand has been one of the success stories of the Far East with economic growth between 1985 and 1995 amongst the highest in the world, averaging 9% per annum. The economy did go into a nose dive in 1998 when the currency came under immense pressure and had to be “revalued”. Expansion has since resumed with growth of 5% in 2006 and a forecasts for 4.3% in 2007. It seems that the population of Thailand and there foreign trade partners are not overly concerned about the coup of 2006. Prospects in ThailandWhile there is still some concern on the ground with regards to the coup last year, and the lack of detail about democratic elections, this has not really impacted upon international trade as yet. There may be some negative consequences if the authorities were to take a more hardline approach to governing, or restrict trade or entry to the country. This has not happened as yet. Key Facts on Thailand:Bordered by Laos, Burma and Cambodia.
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