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As economists scour the globe for lost-decade candidates, Thailand is making it too easy for them.

The latest band of generals to grab power in Bangkok is proving less operational than the government they tossed aside in May 2014, and that’s saying a lot. Prayuth Chan-o-cha is giving a bad name to coup leaders, who normally take over to restore order and get things done. But to truly appreciate why Thailand’s next 10 years will be a dud, we need to explore where things went so wrong over the last 10.

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