Thailand’s wealth inequality is the highest in the world: What will this mean for the upcoming elections?
Thailand now has the largest wealth gap in the world, according to a recent report by Credit Suisse. The Global Wealth Report and Databook, published in December 2018, showed that the richest 1% in Thailand now controls almost 67% of the country’s wealth.
Actors across the political spectrum, from the liberal “red shirts” to the junta-backed Palang Pracharat Party and the private sector, agree that wealth inequality is a threat to Thailand’s social stability.
