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Managing the economy at a crossroads
News, Prasarn Trairatvorakul, Published on 04/07/2014
» The buildup of political tension late last year came at an unfortunate time for the economy. Economic activity was already hampered by weak domestic demand amid high household debt and a lacklustre global economy. As the political uncertainties persisted, the repercussions on consumer and business confidence grew, denting private consumption and investment.
Weathering the challenges in global capital markets
News, Prasarn Trairatvorakul, Published on 30/08/2012
» This year, the key challenge for Thailand is weathering the financial and economic turmoil from the euro crisis. More than one year ago, I had the honour of giving a talk here. Some of you who were in attendance may recall that I labelled 2011 the year of rebalancing for monetary policy.