Showing 31 - 40 of 72
Central bank autonomy must be upheld
News, Thitinan Pongsudhirak, Published on 16/08/2019
» When elected governments make noises about economic growth in countries where macroeconomic management is sound and prudent, central bankers tend to quietly bristle and brush off such interference and infringement of monetary space at their own risk. In so doing, central bankers tend to enjoy the support of domestic and international market participants who value central bank independence more than politicians' vested interests, even if it sometimes undercuts their bottom lines. Accordingly, when central bankers go along with the preferences of elected politicians, the conduct of monetary policy comes into question.
Thailand's tale told via 'The Nation'
News, Thitinan Pongsudhirak, Published on 28/06/2019
» Nearly five decades ago, The Nation newspaper started out as a pro-democracy, anti-military news organisation. It was fiercely independent and invariably hard-hitting vis-à-vis the powers-that-be. An English-language newspaper owned by Thais from the outset, it prided itself for having neither fear nor favour. Its lamentable expiry as a print newspaper today -- an online version will continue -- provides multiple parallels for Thailand's contemporary political history, ongoing polarisation and the changing nature of the business of journalism worldwide.
What went wrong for the Democrats?
News, Thitinan Pongsudhirak, Published on 07/06/2019
» It is hard to believe today that Thailand's Democrat Party was widely worth rooting for not so long ago. In past eras of military-authoritarianism, Democrat MPs used to be seen as a force for good, pitted against ruling generals in support of popular rule. Somehow during the current military regime that dates back to the September 2006 coup, Thailand's oldest party has tilted away from democracy towards authoritarianism. But just as the party is demoralised and in disarray, it offers a silver lining in new and fresh faces that could offer a way forward if party elders are willing to step aside.
Poll results point to clear way forward
News, Thitinan Pongsudhirak, Published on 26/04/2019
» Despite the controversy and confusion over Thailand's March 24 election outcome, its immediate and far-reaching implications are indisputable.
Eastern Economic Corridor must continue
News, Thitinan Pongsudhirak, Published on 07/12/2018
» As the election looms, the government of Prime Minister Prayut Chan-o-cha will likely leave behind a very mixed legacy. Far from being a clean-up crew against graft and a technocratic team for effective policy performance when it seized power more than four years ago, this outgoing government has had its fair share of unaccountable corruption allegations and policy directions that merely served its own vested interests of staying in power after the polls.
China's Belt & Road needs to listen more
News, Thitinan Pongsudhirak, Published on 30/11/2018
» In the aftermath of a tense Asean-led summit season, it is clear now that the United States and China are engaged in a great-power competition not seen since the Cold War. The US-China trade war, irrespective of negotiated talks in Buenos Aires between President Donald Trump and President Xi Jinping, is set to deteriorate over the next two years and probably longer. The two superpowers may have fundamental and structural differences that cannot be resolved without a sweeping deal that realigns their geopolitical status and geoeconomic interests in a way that is acceptable to both, an unlikely prospect. So the confrontation will likely intensify.
China's Belt & Road impact on Thailand
News, Thitinan Pongsudhirak, Published on 28/09/2018
» As China's ambitious Silk Road Economic Belt (SREB) and Maritime Silk Road (MSR) -- popularly known as the Belt and Road Initiative, or BRI -- continues to make ripples and waves in international affairs, its likely impact on mainland Southeast Asia warrants attention. Unlike many of the countries on the Eurasian landmass and along waterways from the South China Sea through the Indian Ocean to eastern Africa, Thailand and its immediate neighbours are not directly on the BRI path.
Remembering Chai-anan Samudavanija
News, Thitinan Pongsudhirak, Published on 21/09/2018
» In death, as in life, Chai-anan Samudavanija always outshines. More than two decades after he left an academic career for policy work and a public intellectual role, Chai-anan's scholarly output is still cited more than any other social scientist. His passing, at 74, reflects Thailand's circuitous political trajectory and the shortcomings of the country's higher education. Until Thai academic standards are better incentivised and upgraded, few scholars are likely to scale international heights of scholarship and thought leadership anywhere near Chai-anan's achievements.
Asia at risk of being its own worst enemy
News, Thitinan Pongsudhirak, Published on 31/08/2018
» The broad unravelling of the post-war liberal international system is no longer a matter of dispute. Its manifestations over the past decade from the disintegration of the Middle East as we knew it and the de-integration of the European Union with "Brexit" and anti-migration sentiment to the United States' unilateral turn against openness and liberal values so fundamental to its rise all testify to a murky and portentous international environment. Similarly, the global trading system no longer works like it used to as multilateral trade liberalisation has given way to plurilateral and bilateral free-trade agreements.
A trade war that is about more than trade
News, Thitinan Pongsudhirak, Published on 24/08/2018
» The most dangerous risk from the ongoing "trade war" between the United States and China is that it is not fundamentally about trade. With each tit-for-tat escalation and retaliation from both sides, what the world is witnessing is a larger struggle between two grand competitors of the 21st century, underpinned by opposing systems of socioeconomic organisation, values and ideas about global order.