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Economy

A disobedient economy

May 22 marks the first anniversary of Thailand's latest military coup. For the average Thai, life has returned to normal but the economy remains sluggish. The junta, led by Prime Minister Prayuth Chan-ocha, seems adrift in its policymaking. Exports, the backbone of Thailand's economy, are flat and swelling consumer debt has dampened consumption. Once upon a time,  Thailand's resilience earned it the nickname the "Teflon economy."  Now cracks are appearing and its neighbors are outpacing it. Can the  junta bring joy to the Land of Smiles as it tries to square the stability  it craves with demands for a return to democracy?

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