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Search Result for “development policy”

Showing 1 - 10 of 70

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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

Thailand's era of economic stagnation

Oped, Thitinan Pongsudhirak, Published on 05/07/2024

» After two decades of political instability and turmoil, it was a matter of time before the Thai economy would exhibit signs of distress and desperation. For decades, the Thai economy has proved resilient with an uncanny knack for bouncing back. But Teflon Thailand may have become a thing of the past. Headlines on the Thai economy have been heading south precipitously. Unless fundamental political reforms take place, Thailand will likely enter a period of low and plateaued growth with risks of grinding stagnation.

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OPINION

Thailand's Brics move is misguided

Oped, Thitinan Pongsudhirak, Published on 21/06/2024

» There are two main explanations behind Thailand's application to join the Brics group, initially comprising Brazil, Russia, India, China, and South Africa.

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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

Thailand's central bank dependence

Oped, Thitinan Pongsudhirak, Published on 23/02/2024

» To proponents of central bank independence, the ongoing friction between Prime Minister and Finance Minister Srettha Thavisin and Bank of Thailand Governor Sethaput Suthiwartnarueput appears straightforward. The prime minister is putting unwarranted and unfair pressure on the central bank governor to spur the economy by loosening monetary policy and cutting interest rates. Yet, on closer scrutiny, the entrenched politicisation of central banking in Thailand may suggest otherwise. There is more than meets the eye in the politics of interest rate cuts.

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OPINION

Deja vu as charter court weighs MFP ban

Oped, Thitinan Pongsudhirak, Published on 12/01/2024

» It is déjà vu in Thai politics this month as Thailand's biggest elected political party and its leader face Constitutional Court verdicts that could lead to a familiar dissolution and ban. At issue is the political future of Pita Limjaroenrat and the fate of the Move Forward Party (MFP), which he led to a stunning victory at the election last May. However the verdicts come out, they might be perceived by pundits as decided by the political winds of the day.

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OPINION

The tide of history shifts in Thai politics

Oped, Thitinan Pongsudhirak, Published on 02/06/2023

» Notwithstanding the ongoing political shenanigans by appointed agencies to shape final outcomes after the May 14 poll, Thailand already will never be the same again. The Move Forward Party's (MFP) victory as the largest winning side, with 151 out of 500 parliamentary seats, is profound but not unprecedented. Together with the Pheu Thai Party's 141 MPs, these two opposition parties are unwittingly sending a message to each other and to the broader political establishment that the curve of Thai history is shifting tectonically. Failing to grasp and adjust to this evolving tide of history could marginalise Pheu Thai and challenge the establishment to its core foundations.

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OPINION

No exit from our democratic future

Oped, Thitinan Pongsudhirak, Published on 05/05/2023

» As Thailand's much-anticipated poll on May 14 heads into its homestretch, several clear trends and patterns are emerging to suggest that democratisation is making an inexorable comeback in this country, with positive implications for Southeast Asia and beyond. The immediate road ahead in Thai politics will likely still be bumpy, potentially marked by more judicial interventions and electoral manipulation, or even another military takeover, to thwart the people's choices at the poll. But eventually, pro-democracy forces backed by the Thai people's demand for change will come back time and again until there is a rebalanced, representative and reworked constitutional order in place.

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OPINION

The truth about Thai money politics

Oped, Thitinan Pongsudhirak, Published on 13/01/2023

» As the election looms in Thailand, money politics returns with a vengeance.

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OPINION

Next poll brings highest stakes, risks

Oped, Thitinan Pongsudhirak, Published on 09/12/2022

» In the face of the myriad of questions and issues that beset Thai politics in the lead-up to the general election, which must be held by May 7, the biggest facts and dilemmas are not being raised. Prime Minister Prayut Chan-o-cha is now headed to complete nine years in office, the first five of which were under a military government after he and his cohorts seized power by force in May 2014, and the last four under an elected coalition government enabled by the 2017 constitution crafted by a committee the ruling generals had set up. Moving forward, Thailand risks settling into a prolonged period of economic stagnation and political decay unless there is a qualitative change of government after the poll.