Showing 31 - 40 of 67
Thai economy unlikely to rebound soon
Oped, Chartchai Parasuk, Published on 30/09/2021
» As 44.5% of the world population has received at least one dose of Covid-19 vaccine, most economies are looking forward to a return to pre-pandemic economic levels by 2022. Thailand is certainly one of them. We beat the global average with 45.7% of our population receiving the first dose and 26.4% receiving both doses. The government set a target that by year-end, more than 70% of the population will be fully vaccinated, including third booster doses. Will we see a return to the normal economic activities of 2019 by next year? The answer is not yet, and, worse, maybe never.
How to save country when it's broke
Oped, Chartchai Parasuk, Published on 05/08/2021
» This is not really a good time for economists and/or economic research institutions to make GDP growth projections for Thailand as the Covid-19 pandemic is far from settling down. Unstable economic conditions have caused a well-known research institute to revise its 2021 growth projections five times already.
A Wuhan lockdown will not work here
Oped, Chartchai Parasuk, Published on 22/07/2021
» Originally, I planned to write an article titled "Will it be a soft landing or hard landing?" which would have been about the future of the world's financial markets and the economy.
Time to accept we can't beat Covid-19
Oped, Chartchai Parasuk, Published on 08/07/2021
» If the government does not wish to see a collapse of society, it must rethink its Covid-19 strategy. First, it must admit that the Covid-19 outbreak is not controllable after the outbreak has changed from the cluster level (individual based) to the community level (activity based).
If jabs don't work, we must have Plan B
Oped, Chartchai Parasuk, Published on 24/06/2021
» What would you do if you were a government facing a (rapidly) falling economy, receding tax income, ballooning public and private debts, drying up domestic liquidity, and feeble economic relief programmes?
Govt must spend this B500bn wisely
Oped, Chartchai Parasuk, Published on 27/05/2021
» It is now official. An emergency decree authorising the Ministry of Finance to borrow money to solve the economic and social problems arising from the Covid-19 outbreak was published in the Royal Gazette on Tuesday. However, the authorised amount is 500 billion baht, not 700 billion baht as we had heard from various sources. The spending is divided into three categories: 30 billion baht for healthcare management; 300 billion baht for economic relief programmes, and 170 billion baht for economic recovery projects.
Money to boost economy tough to find
Oped, Chartchai Parasuk, Published on 29/04/2021
» Wow. What a difference two weeks makes! In my previous article, I wrote, with grave concern, that over 6,000 people had been infected with Covid-19 within just two weeks of the third outbreak. Two weeks later, the number of cases from the third wave alone, which started early this month, has skyrocketed five-fold to over 30,000 cases. Who knows when and how this round will end?
Time to bid farewell to Thai Airways?
Oped, Chartchai Parasuk, Published on 18/02/2021
» On March 2, Thai Airways will submit its business rehabilitation plan to the Central Bankruptcy Court. After that, in around May, the court will assemble Thai Airways' creditors to vote on the plan. If a majority of creditors vote yes, the court will appoint rehabilitation plan administrators and Thai Airways will conduct its business according to the plan. If a majority of creditors vote no, Thai Airways will be declared bankrupt and will head towards liquidation.
When an economist meets a psychic
Oped, Chartchai Parasuk, Published on 04/02/2021
» I enjoy reading prophecies. There is one thing fortune tellers and economists have in common: they make predictions. As an economist, I use my knowledge, theories and actual data, to check whether these prophecies make economic sense.
Money just does not fall from heaven
Oped, Chartchai Parasuk, Published on 21/01/2021
» It is a pitiful dilemma, isn't it? When the economy is in a bad shape, you want the government to spend money (more money, and lots of money) to help shore up the economy. Like we are seeing in our country now. Alas, by spending money (more money, and lots of money), the government itself induces another kind of economic crisis -- a liquidity crisis.