Thailand 2018: A country suspended between an illiberal regime and the hope of a democratic transition

In May 2014 the Thai army seized power from the elected government led by Yingluck Shinawatra. The military coup promised to restore peace and harmony in the country and to allow political elections within one or two years. However, in 2018 Thailand was still under military rule and elections were expected only for early 2019. Before returning the power to a civilian government, the army tried to complete a compre- hensive reform of Thai politics and the economy, thus enforcing a new constitution, creating new parties and promoting a long-term economic strategy. These reforms had the objective of allowing pro-junta political forces to win elections or, in any case, to constrain the action of future governments. Two initiatives in the economic sphere were expected to create consensus for the junta-sponsored political party: the launch of the Eastern Economic Corridor, promoting infrastructural development in the na- tional key industrial area to increase FDI attraction; and the adhesion of Thailand to the Comprehensive and Progressive Trans-Pacific Partnership (the trade agreement that replaced the TPP after the US withdrawal).