Referendum embeds semi-authoritarian rule in Thailand
Significance Although official results are due on August 10, the Election Commission has announced that, after a count of 94% of votes, both questions posed in the referendum -- on the draft constitution and on the role of the appointed Senate in selecting the prime minister -- have won approval by 61% and 58% respectively. This is a major political victory for the military's National Council for Peace and Order (NCPO) and Prime Minister General Prayuth Chan-ocha. Impacts The military, the palace and all major political parties favour an open economy. This will secure investor interest in Thailand. Strong military control over the state will reduce the policy influence of civilian politicians. Despite the political turn, US-Thailand security cooperation will continue, as will the deepening of China-Thailand economic partnership.