THE CABINET reshuffle may not create change for the better, as private investors still have questions about political stability and consumers remain in a debt trap, economists said. This has a chain effect, with private investors reluctant to make new investments because they fear sluggish demand for their products. Viroj said that Deputy Prime Minister Somkid Jatusripitak had pushed hard for public investment and expected that private investors would follow suit, but this hope has not yet materialised. He said many people thought that the coup in 2014 would create confidence and lead to high economic growth, but three years had passed and this had not happened. “This is only a minor reshuffle, not a major one where we will see significant change,” the political scientist predicted.

Source: The Nation Bangkok November 04, 2017 18:01 UTC