With no real government, can Thailand escape recession?


  • World
  • Wednesday, 30 Apr 2014

BANGKOK (Reuters) - Some bold assumptions about a rapid end to a six-month political crisis are all that stand between Thailand and its first real recession since the global financial crisis.

Southeast Asia's second-largest economy is confronting weak exports, a year-long slump in industrial output and a drop in tourism, under a caretaker government with limited powers and a central bank wary of wasting ammunition on a political problem.

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