FT briefing: Thai election
Published: July 1 2011 15:40 | Last updated: July 1 2011 15:40
Thailand’s general election
Thailand goes to the polls on July 3 in an election which will test the bitterly divided electorate.
For the last five years, the country has been riven by political conflict as it struggles to work out a new social contract between the traditional political elite and a new generation of Thais empowered by rising standards of living and a better education.
The problems came to a head in April and May last year, when thousands of red-shirted anti-government protesters cordoned off swathes of central Bangkok with barricades for weeks in an attempt to force Mr Abhisit’s resignation. Ninety one people died in clashes with the army, the vast majority of them protesters, and more than 2,000 were injured.
Mr Abhisit is going to the country six months before the end of his term hoping to cash in on the recovery from the economic crisis before an expected economic slowdown in the second half of the year. But inflation is already climbing, stoked by high oil and agricultural prices, and the Bank of Thailand has raised rates in six of its last seven monetary policy committee meetings.
The last four general elections have been won convincingly by parties led by or allied to Thaksin Shinawatra, the populist former prime minister who was removed in a military coup in 2006 and who lives in exile to avoid a prison term for corruption.
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