Thai Vote May Spur Inflation, Forcing Higher Rates as Thaksinomics Returns

Thai Vote May Spur Inflation, Forcing Higher Rates as Thaksinomics Returns – Bloomberg, June 2, 2011
…Prime Minister Abhisit Vejjajiva has pledged to raise the minimum wage by 25 percent, give cash to the elderly and guarantee farmers’ incomes to appeal to voters loyal to exiled former premier Thaksin Shinawatra. The opposition Pheu Thai party, led by Thaksin’s sister, has promised tablet PCs, rice- price guarantee schemes, high-speed trains, dams, and a new city…

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