Thailand’s economy has survived many coups in recent decades, but Thursday’s military takeover may be different, experts say, noting that the country’s extremely polarized political leadership plus the tenuous state of its fiscal affairs make a quick rebound unlikely.
“There’s a pernicious long-term effect in that the economy could be better but all of this infighting is undermining it,” said Josh Kurlantzick, senior fellow for Southeast Asia at the Council on Foreign Relations.