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Search Result for “Free trade”

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OPINION

Srettha Thavisin fell to hidden forces

News, Thitinan Pongsudhirak, Published on 30/08/2024

» Hindsight is likely to place Srettha Thavisin in Thai political annals as a prime minister who tried his best but ultimately succumbed to forces way beyond his control. While his nearly 12-month tenure in office came up short on policy deliverables, it nevertheless reset Thailand's foreign policy projection on Myanmar amid more omnidirectional relations with the major powers.

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OPINION

Thai politics has turned upside down

Oped, Thitinan Pongsudhirak, Published on 23/08/2024

» The rise of Prime Minister Paetongtarn Shinawatra and the return -- and re-entry, of her father, Thaksin Shinawatra, have turned Thai politics upside down. On the surface, Mr Thaksin still dominates Thai politics nearly 20 years after he was deposed by a military coup and exiled for most of that period. This time, his political power and influence are being exercised through his daughter Ms Paetongtarn. As the Shinawatra clan has been coopted by its former establishment adversaries, the past two decades of periodic elections, street protests, two military coups, two constitutions, and multiple judicial bans on political parties and elected politicians have entered a new chapter.

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OPINION

Thailand between the US and China

Oped, Thitinan Pongsudhirak, Published on 29/03/2024

» Amid what now has to be acknowledged as a direct non-military conflict and a geoeconomic war of sorts between the United States and China, Thailand is in a quandary. While characterising Thailand's geostrategic dilemma as a US-China binary can be exaggerated and misleading, it does have a point. As with many other developing countries in the region, Thailand will come under increasing pressure to choose between the two competing superpowers. The ability not to choose thus becomes an overarching geostrategic objective.

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OPINION

The Thaksin factor in Thai politics

Oped, Thitinan Pongsudhirak, Published on 15/03/2024

» Thai politics in the near term will likely be dominated by the fate of the two largest vote winners from the general election in May 2023, the Move Forward (MFP) and Pheu Thai parties. While the MFP is at risk of another dissolution, the same as its predecessor Future Forward Party suffered in 2020, Pheu Thai's political future appears to hinge on Thaksin Shinawatra and his return from exile in what is believed to be a deal that follows the assumption of the premiership under Srettha Thavisin, and for Thaksin, a royal pardon and early release on parole.

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OPINION

Digital wallet should be implemented

Oped, Thitinan Pongsudhirak, Published on 16/02/2024

» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.

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OPINION

Thailand's semi-democracy faces risks

Oped, Thitinan Pongsudhirak, Published on 15/12/2023

» The government of Prime Minister and Finance Minister Srettha Thavisin has settled into an uneasy balance between the civilian-led majority forces that represent the Thai electorate and the royalist-conservative minority guardians of the established centres anchored around the monarchy, military, judiciary, and bureaucracy.

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OPINION

Thailand's semi-democracy returns

Oped, Thitinan Pongsudhirak, Published on 01/12/2023

» The appointment of Gen Prayut Chan-o-cha as privy councillor has neatly bookended Thai politics over the past decade. It coincides with the 10-year anniversary of the street demonstrations that were led by the People's Democratic Reform Committee, paving the way for Gen Prayut to stage a military coup in May 2014. While the interim was a period of hard and soft military-authoritarian rule in 2014-19 and 2019-23, the new moving balance in Thai politics is a semi-democracy of sorts under the Pheu Thai Party-led coalition government.

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OPINION

Srettha confronts myriad of challenges

News, Thitinan Pongsudhirak, Published on 22/09/2023

» As the coalition government of Prime Minister Srettha Thavisin gets going, it faces multiple daunting challenges, from public expectations and policy deliverables to the maintenance of political stability.

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OPINION

Done and emerging battles in Thai poll

Oped, Thitinan Pongsudhirak, Published on 28/04/2023

» Thailand's poll-leading Pheu Thai Party (PTP) is fighting a war it has already won. Consequently, its pledged freebie of 10,000 baht in a digital wallet for Thai people is superfluous and unnecessary. As the populism war has run its course, a new battleground revolving around the reform and adjustment of traditional centres of power is emerging. The fight in this new battle, being led by the Move Forward Party (MFP), is likely to last into the foreseeable future as the next stage in Thailand's modernisation imperative in the 21st century.

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OPINION

Thai global standing at all-time low

Oped, Thitinan Pongsudhirak, Published on 17/02/2023

» Although it will not lead to a no-confidence vote, the general debate in Thailand's parliament this week has further weakened the coalition government of Prime Minister Prayut Chan-o-cha, undermining its chances of re-election as the next general election looms. Among the many bombshell allegations of corruption, cronyism and sheer incompetence tabled by opposition parties, Thailand's international credibility and reputation have come into focus. Compared to its past role and performance, it appears that Thailand's global standing is at an all-time low.