Showing 1 - 9 of 9
Asean's chief priority is recovery
Oped, Bandid Nijathaworn, Published on 11/10/2022
» Asean, comprising open trading nations and net importers of energy, has been severely impacted by the economic disruptions linked to the pandemic and the economic fallout arising from the ongoing geopolitical conflicts, notably, through higher food and energy prices and more restrictive trade flows.
Can Asean weather another crisis?
News, Bandid Nijathaworn, Published on 19/04/2019
» With the global economy slowing and the risk of a recession looming on the horizon, the question that arises is whether countries in Asia have the resources and capacity to manage such a crisis, considering the current prolonged policy uncertainties and the lack of global leadership to forge an unified response.
Marking 20 years after Asian financial crisis
News, Bandid Nijathaworn, Published on 29/06/2017
» The devaluation of the baht in July 1997 was a pivotal moment for Asia and the world, not least because it triggered the onset of a major financial crisis, with a contagion that for the first time spread globally. The crisis also brought about an important rebalancing in the global economy as countries in Asia underwent a long and painful period of reform only to emerge much stronger 10 years later to withstand the effects of the global financial crisis of 2008 and lead the world economy in terms of global growth. It was a remarkable story of a successful crisis, a story that needs to be understood and celebrated.
Likely pitfalls of the 'Trump effect'
News, Bandid Nijathaworn, Published on 29/11/2016
» The shock, followed by knee-jerk reaction, over the election victory of Donald Trump by Asian financial markets may have faded as investors regained composure. Still, there are reasons for policy makers and businesses in Asia, Thailand included, to take note, reassess and make necessary preemptive moves to mitigate any risks that the new policy may imply.
Thai economy needs new growth drivers
News, Bandid Nijathaworn, Published on 21/09/2016
» The state of the global economy today is disjointed and complicated. To understand this complexity, derived from many countervailing forces, one needs to differentiate the short-term outlook from the longer-term challenges.
Asia needs policies to avert crisis
News, Bandid Nijathaworn, Published on 05/10/2015
» The last 20 years have been eventful for "Emerging Asia" in terms of policy management as the region survived two major financial crises while seeing the risk of yet another one looming large.
Capital flows pose new risks
News, Bandid Nijathaworn, Published on 14/08/2012
» Those who have worked at central banks for 15 years or more will have now witnessed two major financial crises that have put the role of these institutions in managing capital flows and financial stability under the spotlight.
Resting on recovery laurels
News, Bandid Nijathaworn, Published on 24/07/2012
» The first six months of 2012 witnessed an uneasy period for Thailand as the economy attempted to regain traction from one of the country's worst floods - which struck in the second half of last year - while coping with the global downturns caused by the European sovereign debt crisis.
The world must help Myanmar to grow
News, Bandid Nijathaworn, Published on 10/04/2012
» Last week was an exciting and historic time for Myanmar, a country that has been in international isolation for nearly a quarter of a decade. On April 1, the Myanmar government launched two important and far-reaching political and economic reforms: the holding of landmark by-elections, which has been described by foreign observers as free and fair, and the introduction of a managed float of its national currency, the kyat, which symbolically put an end to the old economic system and management based on heavy state intervention and control.