Showing 1 - 6 of 6
Thailand's central bank dependence
Oped, Thitinan Pongsudhirak, Published on 23/02/2024
» To proponents of central bank independence, the ongoing friction between Prime Minister and Finance Minister Srettha Thavisin and Bank of Thailand Governor Sethaput Suthiwartnarueput appears straightforward. The prime minister is putting unwarranted and unfair pressure on the central bank governor to spur the economy by loosening monetary policy and cutting interest rates. Yet, on closer scrutiny, the entrenched politicisation of central banking in Thailand may suggest otherwise. There is more than meets the eye in the politics of interest rate cuts.
Geopolitical takeaways from SEA meets
Oped, Thitinan Pongsudhirak, Published on 25/11/2022
» Southeast Asia's summit season has come and gone with takeaways that concurrently eased geopolitical tensions and underlined risks that could lead to future global conflict. The three major summits -- the East Asia Summit (EAS) in Phnom Penh, the G20 in Bali, and the Asia-Pacific Economic Cooperation (Apec) in Bangkok -- also demonstrated that the Covid-19 pandemic over 2020-21 has been practically overcome as in-person meetings are back in full force. Overall, the three hosts came away with mixed highlights.
Correcting the pandemic policy tack
Oped, Thitinan Pongsudhirak, Published on 30/07/2021
» That Thailand's coronavirus pandemic has been grossly mismanaged is self-evident. Infection rates have soared to new highs this month while vaccine availability and access remain shoddy and abysmal. The overstretched healthcare system is creaking under growing demand, while several scenes so far of Covid-afflicted people being left to die on the streets have shaken the country's collective morale and elicited soul-searching questions about how Thailand has managed to reach this dire juncture.
Virus risks versus economic imperatives
Oped, Thitinan Pongsudhirak, Published on 08/05/2020
» The coronavirus pandemic requires responding governments to be agile and quick on their feet, learning by doing and constantly reevaluating their policy mix. What was needed a month or two ago may need to be recalibrated this week for the immediate future in a moving balance of risks and objectives. For Thailand, the balance between public health safety and economic reality has been lost. The Centre for Covid-19 Situation Administration (CCSA) risks becoming a victim of its own success. This means the government of Prime Minister Prayut Chan-o-cha should now be listening to economists and social workers a little more than epidemiologists and medical doctors as Thailand's virus-fighting priorities shift with twists and turns.
Thailand's murky, muddled road ahead
News, Thitinan Pongsudhirak, Published on 31/03/2017
» In a new era of transformative technologies and tectonic geopolitical shifts, standing still is tantamount to falling behind. This is what Thailand is doing. Its recent news flow indicates the country is mired in a regressive holding pattern.
Changing our education timetable is a really dumb idea
News, Thitinan Pongsudhirak, Published on 27/09/2013
» It has become a cliche to say that Thailand's education system needs an overhaul. From the coloured political divide and industrial upgrading to broader economic competitiveness, it is said that education is the root cause of the country's political and socio-economic ills. This is not untrue. Symptomatic of these education woes and defects are the confusion and contradictions among bureaucrats and administrators over the timetable for the next school year. Thai kids are not only being taught poorly but they are not even sure when to go to school again after the summer recess.