Showing 1 - 4 of 4
Thailand's irresponsible runaway debt
Oped, Thitinan Pongsudhirak, Published on 11/06/2021
» A major lasting damage Prime Minister Prayut Chan-o-cha will eventually leave behind is his government's co-optation and capture of autonomous agencies that used to safeguard and uphold Thailand's macroeconomic well-being and political level-playing field.
Challenges from outside parliament
News, Thitinan Pongsudhirak, Published on 06/03/2020
» While it managed to survive the recent censure debate more comfortably that it had anticipated, Prime Minister Prayut Chan-o-cha's government is now at a new crossroads. While the threat from inside parliament has subsided owing to the opposition's disarray, challenges from outside the legislative chamber, on the streets and in the court of public opinion are likely to intensify.
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.
Discipline key to avoiding financial crisis
News, Thitinan Pongsudhirak, Published on 24/07/2015
» Without exception, financial blow-ups require commensurate bailouts. The stories across global financial crises are fundamentally similar, and the ensuing blame game the same, from Greece's ongoing turmoil to Thailand's implosion almost two decades ago. Notwithstanding countless post-mortems so far and those on the way, the inescapable and essential lessons from the Greek debacle are simple: Beware of indebtedness, and incur debt with discipline.