Showing 1 - 10 of 27
Thailand's central bank dependence
Oped, Thitinan Pongsudhirak, Published on 23/02/2024
» To proponents of central bank independence, the ongoing friction between Prime Minister and Finance Minister Srettha Thavisin and Bank of Thailand Governor Sethaput Suthiwartnarueput appears straightforward. The prime minister is putting unwarranted and unfair pressure on the central bank governor to spur the economy by loosening monetary policy and cutting interest rates. Yet, on closer scrutiny, the entrenched politicisation of central banking in Thailand may suggest otherwise. There is more than meets the eye in the politics of interest rate cuts.
What the 'Pimrypie' sensation foretells
Oped, Thitinan Pongsudhirak, Published on 22/01/2021
» While it became a storm in a teacup, the recent phenomenon involving YouTuber and online retailer Pimradaporn "Pimrypie" Benjawattanapat yields longer-term implications and meanings. Pimrypie's charity drive for Children's Day that provided solar panels and electricity to underprivileged kids in a far-flung village of Omkoi district 300 kilometres from Chiang Mai spoke volumes about the structure and shortcomings of Thailand's paternalist state and what needs to be done to tackle it.
Corruption without a moral backstop
Oped, Thitinan Pongsudhirak, Published on 15/01/2021
» For Thailand, Covid-19 has become an unwitting spotlight that has exposed shadowy closets and drawers where corruption and graft have long festered. In the past, Thailand's dirty deeds and illegal wrongdoings operated within certain parameters set by a semblance of moral authority at the top echelons of Thai society. But in recent years, moral turpitude has set in while the sense of moral backstop has faded. As this trend intensifies, Thailand risks suffering political decay, social decadence and economic stagnation, while impunity and immorality reign without boundaries.
Ruling adds to popular grievances
Oped, Thitinan Pongsudhirak, Published on 04/12/2020
» Anyone who has wondered or insinuated that the student-led protest movement for Thailand's fundamental reforms must somehow be sponsored by some foreign government or politically motivated agents at home need look no further than the Constitutional Court's unanimous decision to clear Prime Minister Prayut Chan-o-cha of violating the 2017 charter by staying in army housing after retirement. In a 9-to-0 verdict, the nine-member bench sided with an army regulation over charter stipulations. The controversial verdict will exacerbate Thailand's political polarisation and add to popular grievances that are backing the student-led reform drive.
The karmic results of voter suppression
Oped, Thitinan Pongsudhirak, Published on 30/10/2020
» When Thailand's justice system issues decisions that have political ramifications, fewer people are holding their breath these days because conclusions are increasingly foregone. In fact, when the historical record comes into fuller view, it will be seen that the politicisation of the judiciary has fundamentally undermined Thailand's fragile democratic development and reinforced authoritarian rule that has been resurgent over the past 15 years. Nowhere are these judicial sins and shortcoming more salient and damning than the systematic and selective disenfranchisement of voters.
Why Thai student movement can't exist
Oped, Thitinan Pongsudhirak, Published on 28/08/2020
» Thailand's new round of political confrontation in the 21st century -- the first under a new reign -- is showing signs of déjà vu with fundamentally different dynamics. Earlier rounds of the Thai drama from 2005 to 2014 went through three major acts, each beginning with an election, followed by a problematic government and street demonstrations, ending with military or judicial interventions. Even though its electoral allies lost in these three polls, the pro-establishment side won each time it went onto the streets citing the monarchy as legitimacy and moral authority.
Give Thai youth movement a chance
Oped, Thitinan Pongsudhirak, Published on 24/07/2020
» The coronavirus reprieve for the government of Prime Minister Prayut Chan-o-cha is ironically over as Thailand's youth movement for political change has resumed in earnest.
Covid success coming at a heavy price
Oped, Thitinan Pongsudhirak, Published on 17/07/2020
» It was a matter of time before the government of Prime Minister Prayut Chan-o-cha became a victim of its own misguided success in handling the coronavirus pandemic. By presiding over a public mindset of "zero" local virus infections, the government raised unrealistic expectations at a high price. The fiasco that transpired in Rayong last week, when an infected Egyptian air force official was allowed to roam in a shopping mall and thereby fuelled fears of "second wave" infections, should serve as a wake-up call for an overdue change in virus-fighting strategy.
Misguided myopia of asking the rich
Oped, Thitinan Pongsudhirak, Published on 24/04/2020
» Prime Minister Prayut Chan-o-cha's initiative to seek more cooperation and assistance from Thailand's 20 wealthiest billionaires is understandable. Thailand needs all the help it can get to handle and manage the social and economic ravages of the coronavirus (Covid-19) crisis. But making an appeal in writing from the top to the country's richest is short-sighted and misguided on many levels. It displays a government at the end of its tether and a leader who is being forced to own up to mismanaging the country for the past six years.
Coronavirus blues and clues in Thailand
Oped, Thitinan Pongsudhirak, Published on 17/04/2020
» It is unanimous that the novel coronavirus, also known as Covid-19, is a once-in-a-lifetime experience. A common refrain everywhere in the world is "I have never seen anything like it". Its immediate consequences and longer-term transformational repercussions will be felt for years to come. Covid-19 challenges individuals, societies and state institutions to their very core. For Thailand, re-emerging from this devastating pandemic will be tough and tricky, with trade-offs and hard choices.