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Significance
Prime Minister Prayuth Chan-ocha has ordered a one-year period of mourning and proclaimed Crown Prince Maha Vajiralongkorn as the next monarch. The crown prince has been the designated heir since 1972.
Impacts
US-Thai relations could weaken further in coming years.
Thaksin's link to the crown prince is the most serious risk to a smooth succession.
The economic impact of the transition will be short-lived.
Keywords:
Thailand,
AP,
United States,
politics,
social,
government,
security,
constitution,
corporate,
election,
foreign investment
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2016
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