Showing 1 - 7 of 7
Signs and symptoms of Thai stagnation
Oped, Thitinan Pongsudhirak, Published on 18/07/2025
» That Thailand is faring poorly in the world is no longer in dispute. Not so long ago, many were in denial and adamant that Thailand could still bring a good game to engage abroad, that "Teflon" Thailand could bounce back. Now, just about all indicators are pointing south. The causes of this country's decline and stagnation are not singular but multifaceted over a two-decade period. As Thailand's situation is likely to worsen before hopes for a better future can arise, it is instructive to start counting the costs.
Thailand's era of economic stagnation
Oped, Thitinan Pongsudhirak, Published on 05/07/2024
» After two decades of political instability and turmoil, it was a matter of time before the Thai economy would exhibit signs of distress and desperation. For decades, the Thai economy has proved resilient with an uncanny knack for bouncing back. But Teflon Thailand may have become a thing of the past. Headlines on the Thai economy have been heading south precipitously. Unless fundamental political reforms take place, Thailand will likely enter a period of low and plateaued growth with risks of grinding stagnation.
Undue politicisation at finance and BoT
Oped, Thitinan Pongsudhirak, Published on 03/07/2020
» Thailand's economic growth projections continue to head south as the coronavirus crisis unfolds in the second half of the year. In its most recent forecast, the Bank of Thailand anticipates a sharp contraction of 8.1% this year, worse than the 5.3% it predicted in March. Downside macroeconomic risks are substantial as the Covid-19 pandemic could still degenerate and cause further global health and economic havoc. In this dire environment, Thailand will need steady and seasoned hands to oversee macroeconomic levers. Yet both the finance ministry portfolio and the BoT governorship now face uncertainty and potential politicisation that bode ill for effective and autonomous fiscal and monetary policies.
Thai Airways a microcosm of Thailand
Oped, Thitinan Pongsudhirak, Published on 29/05/2020
» Not so long ago, when air travel was not so commonplace, Thai nationals studying and working abroad could feel like they were half-way home when they saw Thai Airways (THAI) planes on tarmacs around the world. It was a symbolic comfort to know that getting on one of the national flag carrier's aircraft would eventually end up getting them home. As THAI has entered a massive and unprecedented reorganisation plan, the national airline is a microcosm of Thailand itself.
The anatomy of a very tricky election
News, Thitinan Pongsudhirak, Published on 29/03/2019
» Thailand's first election in nearly eight years was supposed to bring some closure to a self-appointed military government and clarity to the country's democratic future. Instead, it has generated much controversy and probable continuity for the incumbent military regime with murky political directions ahead. Central to the questions and outcomes surrounding the poll on Sunday is the Election Commission (EC). Its actions and interpretations of events will have much to say about what happens next.
Remembering Chai-anan Samudavanija
News, Thitinan Pongsudhirak, Published on 21/09/2018
» In death, as in life, Chai-anan Samudavanija always outshines. More than two decades after he left an academic career for policy work and a public intellectual role, Chai-anan's scholarly output is still cited more than any other social scientist. His passing, at 74, reflects Thailand's circuitous political trajectory and the shortcomings of the country's higher education. Until Thai academic standards are better incentivised and upgraded, few scholars are likely to scale international heights of scholarship and thought leadership anywhere near Chai-anan's achievements.
Singapore a lesson for subpar countries
News, Thitinan Pongsudhirak, Published on 29/06/2018
» It would seem a cliché to say Singapore has figured it out. But it has, more or less, especially when compared to its subpar neighbours.