WHAT A DIFFERENCE a year makes in Thailand. This time last year, Bangkoks downtown Ratchaprasong crossroads at the Thai capitals commercial core was a mess. The iconic Central Department Store was in ruins, trashed after the scorched-earth tactics of the crippling protests earlier in the year. Much of Bangkoks commercial core its chic five-star hotels and the luxury brand names of this iconic Asian downtown was off limits and under reconstruction. And the divide between the red and yellow political factions was as wide as ever.
Today, it is impossible to imagine that anything more violent than a manic dash to a summer sale ever took place here.
Despite deep ructions in society, and some good reasons to be concerned for their future, not least the failing health of their much-loved octogenarian monarch, Thais have not retreated into economic introspection. Despite five...