- by Pooky, Thai Intel’s economics journalist
Thailand‘s prime minister, Yingluck, is heading to the World Economic Forum (WEF) in Davos Switzerland, directly after her trip to India.
The WEF is the annual meeting of the globe’s richest individuals, top economist, and business leaders. The meeting is also attended by head of states, from around the world.
For Thailand’s prime minister, fresh after the devastating flood that rocked the globe’s electronics supply chain, the question journalist from the globe around will probably be asking Yingluck, is what is Thailand doing to make sure such flooding does not occur again.
And what Yingluck will probably be saying, is that the Thai government plans to spend substantial amount of funds, to put into effect flood prevention infrastructure. And Yingluck’s cabinet have approved a piece of legislation, to raise vast amount of funds.
The problem is, here in Thailand, the Thai establishment, represented by the Democrat Party and its news outlets, such as the Nation Group and Thai Rath, have questioned that piece of legislation.
In fact, the Democrat Party, have petitioned the courts against that piece of legislation-for the courts to throw out the legislation.
At Davos, perhaps all those high powered and high level people, will be impressed with Yingluck’s message of vast spending to fix the problem. And many, perhaps will gain a sense of confidence in Thailand and on Yingluck.
But back here in Thailand, the Thai courts, long known for being a part of the Thai establishment rule of Thailand through the “Judicialization” of Thailand, may just indeed throw out the legislation.
What it looks like, perhaps, is that Yingluck, will turn into a global joke at Davos proportion.
The last big Davos joke, is Thailand’s Democrat Party head, Abhisit-who in responding to WEF ranking Thailand poorly under him, said he will send more Thais to represent Thailand at the WEF, because, quote: “WEF does not understand Thailand.”
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