Last year’s military coup in Thailand, designed to end political and social upheaval dating back to 2006, has so far failed to stimulate the economy. Last year clocked up its slowest growth since 2011. Overall growth was only 0.7% last year, in line with the median estimate of analysts polled in a Bloomberg survey. Coup leader and self-appointed Prime Minister Gen. Prayuth Chan-ocha attempted to kick-start consumption with a $12 billion stimulus package. But the export of both agricultural and manufactured goods fell for the second consecutive year for the first time in over two decades.
