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Search Result for “debt”

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OPINION

The gist of Thai politics over 20 years

Oped, Thitinan Pongsudhirak, Published on 20/02/2026

» Thailand's democratic institutions have been repressed and kept weak to the point that confusion still prevails almost two weeks after the Feb 8 election, which purportedly showed a clear victory for the ruling Bhumjaithai (BJT) Party under Prime Minister Anutin Charnvirakul. On the one hand, Mr Anutin and BJT stalwarts are busy forming a coalition government with other parties. On the other hand, fraud allegations from civil society groups and the opposition People's Party have reached a critical mass with the plausibility that the recent vote might be nullified to pave the way for a new poll.

OPINION

Three main parties and two directions

Oped, Thitinan Pongsudhirak, Published on 16/01/2026

» Although Thailand's election campaign is reaching fever pitch ahead of voting day on Feb 8, the dynamics and contours of its final outcome can be gleaned from past polls over the last 25 years. Only once in January 2001, as was indicated in this space last week, were voter results fully honoured and carried out. Other elections were either upended by military coups or manipulated by judicial interventions.

OPINION

Flawed Asean needs to regain footing

Oped, Thitinan Pongsudhirak, Published on 10/10/2025

» Nearly six decades after its founding, the Association of Southeast Asian Nations (Asean) finds itself back where it began -- divided, uncertain, and vulnerable to the influence of major powers. Once hailed as a model for regional cooperation in the developing world, Asean now faces a crisis of purpose. Unless it can rediscover the unity and collective way forward that defined its early decades, Southeast Asia's flagship institution risks slipping into irrelevance.

OPINION

Anutin's new cabinet is a mixed bag

Oped, Thitinan Pongsudhirak, Published on 26/09/2025

» The composition and size of Prime Minister Anutin Charnvirakul's 36-member cabinet suggest that he intends to stay in office for as long as possible, clinging to the terms of the government-enabling Memorandum of Agreement (MOA) and calling an early election only if circumstances make it unavoidable.

OPINION

Thailand lags in the global trade war

Oped, Thitinan Pongsudhirak, Published on 11/04/2025

» Thailand is fast isolating itself from the international community and falling behind in the emerging geoeconomic warfare to the detriment of its economy and people. The elected government of Prime Minister Paetongtarn Shinawatra is ironically coming up with outcomes that resemble those of the military administration a decade ago. Thailand must now move quickly to contain policy damage and restore its international standing to navigate and come out of the intensifying geoeconomic war in as decent a shape as possible.

OPINION

Thaksin's return and 2025 prospects

Oped, Thitinan Pongsudhirak, Published on 03/01/2025

» Thailand's political environment last year was marked by machinations to keep the biggest election winner, the Move Forward Party, from power and to ensure the runner-up, the Pheu Thai Party, leads a coalition government the old guard can put up with. These manoeuvres after the May 2023 poll, initially forced Move Forward into the opposition and ultimately dissolved the party while bringing Thaksin Shinawatra back from self-exile in August 2023 for a perfunctory jail sentence and installing Srettha Thavisin as prime minister over the same period.

OPINION

Two wasted decades in Thai politics

Oped, Thitinan Pongsudhirak, Published on 20/12/2024

» Now that Thaksin Shinawatra appears actively back in Thai politics, it is demoralising to look back at Thailand's wasted time and opportunities. Once a promising country on the way from democratic transition to consolidation in the late 1990s, Thailand has become semi-autocratic, and its rocky political trajectory over the past two decades is now structural. The traditional institutions of power that grew out of the Cold War have been calling the shots in earlier decades and are just unwilling to let the country move forward in the immediate years ahead.

OPINION

New government is new wine in old bottle

Oped, Thitinan Pongsudhirak, Published on 13/09/2024

» On the face of it, the new government under Prime Minister Paetongtarn Shinawatra appears to be a generational shift and gender breakthrough. Ms Paetongtarn is the youngest prime minister ever at 38 and only the second female government leader after her aunt Yingluck Shinawatra in 2011-14. The Paetongtarn cabinet features a record eight women among 36 with more ministers in their 30s-50s and fewer above 60. Yet on closer scrutiny, the new and younger faces are largely family legacies and proxies, surrounded by old-style politicians, while the new government's policy directions sound dated not well-suited for the times ahead.

OPINION

Uncharted territory and a case of déjà vu

Oped, Thitinan Pongsudhirak, Published on 09/08/2024

» Another dissolution of another election winner should feel old in Thai politics. But what happened to Move Forward Party is not just déjà vu but uncharted territory. Its dissolution fits a recurrent pattern of systematic subversion of democratic institutions in favour of autocratic preferences in disregard of the will of the majority. The Constitutional Court's breakup of Move Forward also breaks new ground that is increasingly taking centre stage in Thailand's political landscape.

OPINION

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.