Thailand feeling the economic effects of dictatorship

EPA

Migrant fishermen from Myanmar unload frozen fish from a Thai fishing boat after they stopped fishing operations at a port in Samut Sakhon province, Thailand, 01 July 2015. Thai fishing operators across the country stopped fishing after the Thai government enforcing drastic laws against illegal fishing, starting 01 July 2015. The crackdown follows a warning given by the European Commission threatening to slap the kingdom with a 'yellow card' for allegedly failing to step up its battle against illegal fishing

Thailand feeling the economic effects of dictatorship


A recent meeting by top government officials in Thailand reveals a nation currently under economic strain. In the first nine months of 2015 Thailand's exports have gone down by 5% amounting to a 161.56 billion loss. In the meeting CEOs and government officials cited a need to move to markets in Cambodia and Laos as well as Iran in order to make up market share. Not discussed, was increasing exports to the European Union, likely due to Europe's swift backlash at the Junta in Thailand for their co...


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