Word: pridiyathorn
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Dates: during 2006-2006
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...creates near-term uncertainty, no question," says emerging-markets expert Marc Faber, publisher of The Gloom, Boom & Doom Report. "Having said that, I don't think this will have a huge impact on the financial and manufacturing sector." In a reassuring move, the new administration tapped central-bank governor Pridiyathorn Devakula, a respected technocrat who helped extricate Thailand from the 1997 Asian financial crisis, as a top economic advisor. Pridiyathorn spent late last week trying to convince overseas investors that Thailand wouldn't retreat from the global economy or pursue a protectionist agenda. And the health of Thailand's economy...
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