Showing 1 - 3 of 3
Can Omicron spur a Great Depression?
Oped, Chartchai Parasuk, Published on 02/12/2021
» The emergence of a new Covid-19 variant -- Omicron -- has caused quite a stir globally just as many nations are on the recovery track from the Delta variant. Scientists worry that the latest strain first detected in South Africa has as many as 50 mutations, 32 of them on the spike protein which theoretically makes it much more transmissible than the Delta variant.
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?
A long road to recovery for Thailand
Oped, Chartchai Parasuk, Published on 10/06/2021
» The OECD (Organisation for Economic Co-operation and Development) in last December's forecast raised its global GDP growth forecast for 2021 from 4.2% to 5.8% as of May 2021, primarily due to the achievement of Covid-19 vaccine rollout in developed nations. The GDP growth rate for the US is estimated to be as high as 6.9% this year -- an admirable rise from a contraction of 3.5% last year. The US is not the only economy that benefits from a quick vaccine rollout. The UK economy is projected to grow at an even higher rate of 7.5% in 2021 as more than 40% of its population has been fully vaccinated and about 60% of its population received at least one dose.