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When times get tough, Thais party
News, Chartchai Parasuk, Published on 07/09/2023
» Today's article is far from being sarcastic towards or mocking Thais. On the contrary, it explains the current weakness of the economy and, more importantly, the serious implications for the effectiveness of the government's economic stimulus packages. So, this article is recommended reading for the new economic team.
Thai economy unlikely to rebound soon
Oped, Chartchai Parasuk, Published on 30/09/2021
» As 44.5% of the world population has received at least one dose of Covid-19 vaccine, most economies are looking forward to a return to pre-pandemic economic levels by 2022. Thailand is certainly one of them. We beat the global average with 45.7% of our population receiving the first dose and 26.4% receiving both doses. The government set a target that by year-end, more than 70% of the population will be fully vaccinated, including third booster doses. Will we see a return to the normal economic activities of 2019 by next year? The answer is not yet, and, worse, maybe never.
Can economy weather Covid-19 storm?
News, Chartchai Parasuk, Published on 27/02/2020
» As of Wednesday, there were 80,991 confirmed cases of the Wuhan coronavirus known as Covid-19, spread across 41 countries and territories. But explaining health issues is not the purpose of this article. I will leave that to medical and infection experts. The purpose here is to determine the economic impacts of the spread of Covid-19, particularly on the Thai economy.