More political and economic uncertainty, and even a coup, may be on the horizon for Thailand after the removal of Prime Minister Paetongtarn Shinawatra on Friday, analysts told CNBC.
She was dismissed on Friday for an ethics violation, following her suspension in July after a leaked phone call between her and former Cambodian Prime Minister Hun Sen emerged.
The phone call revealed she criticized a Thai military commander overseeing a border dispute with Cambodia while appearing to appease the Cambodian strongman.
Fighting erupted between Thailand and Cambodia in late July, although a ceasefire was reached five days into the conflict.
Joshua Kurlantzick, senior fellow for Southeast Asia and South Asia at the Council on Foreign Relations, told CNBC that there will be “chaos in the short term.”
