"Thailand had a political crisis in 2006, when the democratically elected government was overthrown by a military coup," recalls international investing expert Mike Burnick.

"But the country is emerging from its crisis with a fresh pro-growth mandate," he notes in his Global Market Investor. Here, he looks at a closed-end fund for those seeking to play this trend.

"Thailand experienced a sharp stock market crash and 18 months of political chaos. But now, the crisis appears to have passed. In March, the Thai military stepped aside, and a newly elected government was installed in Bangkok, which looks a lot like Thailand's old government under Thaksin!

"In fact, the newly elected government chose a cabinet that is packed with allies of the former prime minister. Bangkok is also busy pursuing the same pro-growth agenda with an emphasis on tax cuts and government infrastructure spending. . . . And the plan is working.

Continue reading Thai Capital (TF): Global growth at a discount

Thai Capital (TF): Global growth at a discount originally appeared on BloggingStocks on Wed, 14 May 2008 14:15:00 EST. Please see our terms for use of feeds.