Showing 1 - 7 of 7
Striking balance in financial integration
News, Prasarn Trairatvorakul, Published on 16/04/2015
» Over the past two decades, the level of financial integration across countries has increased rapidly. If we take the total stock of external assets and liabilities relative to world GDP as a gauge of financial integration, in 1980 this stood at around a quarter, roughly equal to the ratio of global trade to world output. By 2010, global finance was nine times global trade.
Thailand at the crossroads in seeking sustainable economic development
Business, Prasarn Trairatvorakul, Published on 01/10/2014
» Imagine yourself embarking on an important challenge, perhaps a new job with demanding responsibilities. Naturally, you may feel a little nervous, as there is no guarantee that the new venture will be a successful one. A transition to a successful career consists of three stages. The first is to familiarise yourself with this new environment — to get to know new colleagues, to learn about the culture of the workplace, basically to settle in.
Managing the economy at a crossroads
News, Prasarn Trairatvorakul, Published on 04/07/2014
» The buildup of political tension late last year came at an unfortunate time for the economy. Economic activity was already hampered by weak domestic demand amid high household debt and a lacklustre global economy. As the political uncertainties persisted, the repercussions on consumer and business confidence grew, denting private consumption and investment.
Thailand’s economy derives strength from within
News, Prasarn Trairatvorakul, Published on 21/03/2014
» Growth last year of 2.9% disappointed many, as most analysts had been expecting 4% to 5% growth at the beginning of 2013.
Weathering the challenges in global capital markets
News, Prasarn Trairatvorakul, Published on 30/08/2012
» This year, the key challenge for Thailand is weathering the financial and economic turmoil from the euro crisis. More than one year ago, I had the honour of giving a talk here. Some of you who were in attendance may recall that I labelled 2011 the year of rebalancing for monetary policy.
Uncertainty cast over Asia banks
News, Prasarn Trairatvorakul, Published on 10/07/2012
» The future of the banking industry in Asia and at the global level is being shaped by three major forces, namely, the fragile world economy, international financial regulatory reforms, and the rise of Asia which faces its own development challenges.
Getting ready for 'free flow' of opportunities in AEC
News, Prasarn Trairatvorakul, Published on 12/01/2012
» Global citizenship is linked to the relationship between an individual and the state. Since we now live in a virtual world connected by technology, today's global relationship should perhaps be better defined as an association with economic opportunities available to an individual, irrespective of physical presence.