Thailand or Myanmar: Whither flows the capital?

Thailand or Myanmar: Whither flows the capital?

At present, military control in Thailand has given investors a false sense of stability. If Myanmar and Thailand’s politics continue on their current trajectories, foreign investment may shift from Thailand to Myanmar.

A reversal of geopolitical fortunes means that Myanmar may soon eclipse neighbouring Thailand as a preferred investment destination. If Thailand fails to mend societal woes and if Myanmar continues its political and economic reforms, then foreign investors will begin to redirect their capital away from Bangkok towards Yangon. Critical to these two countries’ prospects will be Thailand’s new constitution and Myanmar’s general elections, either of which could accelerate, slow, or reverse this trend.

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