Inflation is higher and the economy has lost some competitiveness. A country with oil will see the government involved in the economy. In Indonesia, it is more involved than it should be. The uncertain political situation has made investors reluctant to commit resources. The potential for problems is greater than in Malaysia.
Money can leave the country quickly.
In Thailand, the economy runs independent of politics, though not of the bureaucracy. The problem here is in public facilities, such as traffic congestion. The problem is inaction of politicians but the economy will go on. We're upbeat about the Philippines. Despite so many problems, they may have achieved a virtuous circle.