Thailand’s lessons for the west

The country restructured its financial system after the Asian crisis, and so it might have lessons to offer the world. But its recent self-inflicted economic woes are urgent and less worthy of emulation. Eric Ellis reports from Bangkok.

Abhisit puts stability and order first

Instability: Thai prime minister Abhisit Vejjajiva arrives at parliament in Bangkok on March 19. The main opposition party began a censure debate against Abhisit and other ministers, knowing it would not win but hoping its allegations would stick with the public

Instability: Thai prime minister Abhisit Vejjajiva arrives at parliament in Bangkok on March 19. The main opposition party began a censure debate against Abhisit and other ministers, knowing it would not win but hoping its allegations would stick with the public

THAILAND, A VOLATILE nation where foreign investors know too well that economic turmoil is no novelty, finds itself at an interesting juncture: one that perhaps offers lessons for the financial conflagration that has engulfed the rest of the world.

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