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Search Result for “Government debt”

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OPINION

The European Project stands on the brink

News, Sutapa Amornvivat, Published on 15/03/2017

» The feverish environment that cultivated in Donald Trump's win in the US election is brewing strongly in Europe. Next month, the French are going to cast their votes for their next president. This election is unlike others as one of the top contenders promises an exit from the Eurozone within six months. Such a move by a core member country such as France could go down in history as the beginning of the end for the grand European Project.

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OPINION

Another crack in China's financial stability

News, Sutapa Amornvivat, Published on 22/02/2017

» Last month, China's foreign exchange reserves just fell below the psychological threshold of $3 trillion. The event got people talking about yet another worldwide financial firestorm. For Thailand, things could get even rockier than in 2008 as the epicentre of the earthquake would be much closer to home this time around.

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OPINION

Recovery on thin ice with Trump presidency

News, Sutapa Amornvivat, Published on 23/11/2016

» Donald Trump's win may derail the long journey of global recovery. This seismic shift in the political landscape stems from an internal economic root cause and likely extends into dire economic consequences globally, especially for emerging markets like Thailand. After much inconsistency in Mr Trump's presidential campaign, his team that will be unveiled over the next few weeks will be critical for the global outlook next year. It seems we will be "kept in suspense" into Christmas.

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OPINION

Megaprojects provide stimulus and long-term gains

News, Sutapa Amornvivat, Published on 17/02/2016

» The volatility in global financial markets has recently picked up again on the back of a series of mediocre economic data across the globe. Poor results for Thai exports in 2015 could very well extend further, putting a spotlight on the need for public investment more than ever. Without a doubt, the cabinet will be called upon to churn out the public infrastructure projects as promised.

OPINION

Ageing without wealth mars golden years

News, Sutapa Amornvivat, Published on 18/03/2015

» Thailand is already an ageing society, with roughly 10 million Thais over the age of 60. This amounts to roughly 15% of the population. By 2030, this number will rise to 25%. Our declining birth rate and rising life expectancy are driving the change. Of course, it's good news that we have reached the stage of development where we live 74 years on average.

OPINION

Time to refocus our exporting strengths

News, Sutapa Amornvivat, Published on 17/09/2014

» Thailand's exports have suffered such a great fall. Our performance has been disappointing since 2012. We at the SCB Economic Intelligence Centre (EIC) expect total exports for 2014 to grow by around 1% yearly.

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OPINION

Unravelling the political Gordian Knot

News, Sutapa Amornvivat, Published on 16/04/2014

» Thai politics is no longer the art of the possible. Thailand has been without a fully functioning government for more than four months. Political unrest and legal maneuverings have intensified and complicated the conflict such that it now seems impossible to reach a viable solution.

OPINION

Can we expect sunshine after the economic rain?

News, Sutapa Amornvivat, Published on 19/03/2014

» When it rains, it pours. This rings true for the economy, as the political unrest has significantly hurt an economy already weak from last year.

OPINION

Rebalancing China is possible, but at what cost?

News, Sutapa Amornvivat, Published on 19/02/2014

» In November, China’s new leaders spelled out the reform agenda, which is a key product of the so-called Third Plenum. The stated reforms are extensive, comprising some 21,500 words; the objective is to put China in the A-league. Specifically, China aims to double its GDP per capita by 2020 — securing its status as the world’s largest economy, just before the 100th anniversary of the Chinese Communist Party in 2021.