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Search Result for “economy policy”

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OPINION

Next poll brings highest stakes, risks

Oped, Thitinan Pongsudhirak, Published on 09/12/2022

» In the face of the myriad of questions and issues that beset Thai politics in the lead-up to the general election, which must be held by May 7, the biggest facts and dilemmas are not being raised. Prime Minister Prayut Chan-o-cha is now headed to complete nine years in office, the first five of which were under a military government after he and his cohorts seized power by force in May 2014, and the last four under an elected coalition government enabled by the 2017 constitution crafted by a committee the ruling generals had set up. Moving forward, Thailand risks settling into a prolonged period of economic stagnation and political decay unless there is a qualitative change of government after the poll.

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OPINION

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.

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OPINION

The global leadership India needs

Oped, Thitinan Pongsudhirak, Published on 21/10/2022

» India, like China, takes enormous pride in its civilisation's scale and antiquity -- and rightly so. But such pride can also lead to a complacent and sometimes dangerous insularity. Since gaining independence from the British Empire 75 years ago, India has mostly looked inward, focusing on improving the welfare of its population by building a strong democracy and a healthy economy.

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OPINION

Post-Covid headwinds hit the region

Oped, Thitinan Pongsudhirak, Published on 14/10/2022

» As the five economies in mainland Southeast Asia re-emerge from the Covid-19 pandemic, their prospects for recovery and return to growth and development appear challenged, characterised by deteriorating balance of payments, fiscal weaknesses, currency depreciations, and rising inflation amidst global monetary tightening and recession risks.

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OPINION

Cambodia and Laos in the regional mix

Oped, Thitinan Pongsudhirak, Published on 30/09/2022

» As geopolitical tensions from Russian aggression in Ukraine and the ongoing United States-China rivalry intensify, Southeast Asia will be hard-pressed to maintain peace and security. Despite their relatively small size, Cambodia and Laos are two countries whose political trajectories will shape regional outcomes. While Cambodia has consolidated domestic political power with dynamic economic expansion, Laos is looking like a regional laggard facing a deep debt crisis. As Cambodia moves forward, Laos is at risk of being left behind.

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OPINION

US shoots itself in foot over Taiwan

Oped, Thitinan Pongsudhirak, Published on 05/08/2022

» Even pro-democracy critics of China’s authoritarian ways would have to call United States House Speaker Nancy Pelosi’s visit to Taiwan an undue provocation that ended up as a lose-lose outcome for all concerned, including the 82-year-old congresswoman. Everything about it was misguided and self-indulgent, designed for domestic consumption in the US rather than regional peace and security in Asia. The US, by way of Mrs Pelosi, has unnecessarily shot itself in the foot big time, leaving regional states and societies to deal with the consequences.

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OPINION

Japan's post-Covid regional dilemma

Oped, Thitinan Pongsudhirak, Published on 21/01/2022

» Among the major powers that are moving forward with an eye on the post-pandemic era, when Covid-19 will eventually become an endemic with flu-like manageability, Japan is second to none. The visit last week by its minister of economy, trade, and industry (METI), Koichi Hagiuda, made front-page news in Bangkok, following similarly notable media coverage in Jakarta and Singapore. But while it has played a critical role in Asean's economic development and regional security, Japan's Indo-Pacific geostrategic environment has become adverse with more downside risks.

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OPINION

Age-old nature of the 'New Cold War'

Oped, Thitinan Pongsudhirak, Published on 19/11/2021

» History is back with a vengeance. Contrary to what proponents of the "end of history" theory said a few decades ago, the ideological struggle of the 20th century between the "free world" versus "the socialist-communist" camp is still ongoing, despite the Cold War ending over three decades ago. The struggle now features the United States-led Western alliance versus the China-centric global network of nations with authoritarian tendencies.

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OPINION

Reopening a good bet with high costs

Oped, Thitinan Pongsudhirak, Published on 12/11/2021

» Nearly two weeks into Thailand's official reopening during the Covid-19 pandemic, it is time to evaluate the country's vaccine management plan, economic costs and prospects of recovery. While the reopening is worth the attendant risks, Thailand is paying a disproportionately high price for earlier mistakes and the government's mismanagement. As the reopening phase builds up, the Thai economy is likely to see a weak and tentative recovery trajectory with medium-term challenges and question marks.

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OPINION

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.