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Search Result for “corporate governance”

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OPINION

Debunking two myths of the 2014 coup

News, Thitinan Pongsudhirak, Published on 19/10/2018

» As momentum towards the next general election gathers pace, the two main myths that underpinned Thailand's most recent military coup in May 2014 deserve debunking. Both are associated with the military's role in politics. Seeing through these two perpetuated myths leaves us with the reality that all players in Thai politics are in pursuit of power and vested interests. All pretence to the contrary is sheer falsehood, hypocrisy and political manipulation.

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OPINION

Can technology transform patronage politics?

News, Thitinan Pongsudhirak, Published on 30/03/2018

» By the time it takes place after evident foot-dragging by relevant authorities, the next election in Thailand will be unlike its precursors. There will be new parties with new policy ideas, new vote-gathering technologies and first-time voters who came of age during Thailand's political tension and polarisation more or less over the past two decades. At issue during the next poll is whether and to what extent Thailand's entrenched and endemic patronage-driven and vote-buying political system has really changed. The evidence is mixed but it is plausible that a new kind of politics will emerge not directly in the next poll but in the 2020s.

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OPINION

Thailand's challenges, lessons from '97 crisis

News, Thitinan Pongsudhirak, Published on 30/06/2017

» It is hard to believe today but Thailand appeared on the verge of economic doom 20 years ago. The culmination of financial sector convulsions, compounded by a currency crisis and reinforced by corruption and cronyism, induced a forced devaluation of the baht on July 2, 1997. Back then, the Thai economy was in dire straits but politics looked promising. It is the opposite today, as macroeconomic conditions have become sound but the political system has reverted to a military dictatorship with doubtful prospects for popular rule.

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OPINION

Reality sets in three years after the coup

News, Thitinan Pongsudhirak, Published on 26/05/2017

» Three years after it seized power in Thailand's 13th successful coup in 85 years, the government of Prime Minister Prayut Chan-o-cha appears embattled. Growing popular grievances have focused on Thailand's economic doldrums, persistent corruption, intractable polarisation, and a problematic roadmap to return to democratic rule. In addition, a string of mysterious bomb blasts in Bangkok with murky implications has recently undermined the political stability and social calm that the National Council for Peace and Order was supposed to be good at achieving.

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OPINION

Punishment, crime and justice in Thailand

News, Thitinan Pongsudhirak, Published on 04/03/2016

» Thailand's political polarisation knows no bounds. The raging controversy over media personality Sorrayuth Suthassanachinda's criminal conviction is merely the latest manifestation of a morality war being waged in Thai politics over the past decade between the rightful and the righteous for the country's future power and soul. While it does not seem that way on the surface in Sorrayuth's case, closer scrutiny indicates otherwise. The case also instructs us that such polarisation is no good for Thailand, that middle and third ways are still the only pathway out of the country's holding position.