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Search Result for “drive model”

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OPINION

Implications of conservative triumph

Oped, Thitinan Pongsudhirak, Published on 13/02/2026

» The incumbent and conservative Bhumjaithai (BJT) Party has surprisingly swept Thailand's Feb 8 election with a commanding win. With the previously poll-leading and progressive People's Party (PP) coming in a distant second, Thailand appears headed for a conservative coalition government revolving around BJT and like-minded junior partners. Known for its conservative stance and being pro-status quo, it would not be surprising if the BJT-led coalition government, led by Prime Minister-elect Anutin Charnvirakul, were not challenged by the Constitutional Court, the Election Commission, and other supervisory agencies, which have derailed and dissolved reform-minded winning parties in the past.

OPINION

Will poll be breakout or more of same?

Oped, Thitinan Pongsudhirak, Published on 06/02/2026

» As Thais go to the polls this Sunday, the most consequential question is whether Thailand will finally break out of its debilitating cycle of political instability and economic underperformance that has marked the past two decades. The signs and signals suggest otherwise -- at least not yet.

OPINION

Asean's regroup requires deep reforms

Oped, Thitinan Pongsudhirak, Published on 17/10/2025

» If Asean's 58 years thus far have been about resilience and playing a central organising role in promoting regional security and stability, its next decade will determine whether the Southeast Asian bloc can adapt and remain relevant. After the crises in Myanmar and along the Thai-Cambodian border, Asean's credibility has never been more in doubt. To regain its effectiveness as Southeast Asia's one and only agency, Asean needs to move away from the ritualistic diplomacy of mundane meetings to far-reaching reforms that chart new ways of making things work.

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

Southeast Asia amid the US-China rift

Oped, Thitinan Pongsudhirak, Published on 03/10/2025

» The rivalry between the United States and China has become the defining contest of the 21st century. Barely two decades ago, Washington and Beijing were partners in prosperity. America's support for China's entry into the World Trade Organization in 2001 epitomised the high-water mark of engagement, reflecting the belief that economic integration would lead to greater political cooperation. Today, that partnership has morphed into suspicion and confrontation. Relations between the United States and China have deteriorated so swiftly that many observers now describe them as locked in a "new Cold War". The more pressing question, however, is not whether this analogy holds, but whether confrontation can be managed short of outright conflict.

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

What's happened to the Asian Century?

Oped, Thitinan Pongsudhirak, Published on 14/02/2025

» Until recently, the "Asian Century" seemed a compelling narrative but now it is not what it used to be. It was supposed to herald a shift in global economic power from the West to the East, driven by China's rapid rise, India's economic dynamism, and the broader development of Asia. But a quarter of the way into the 21st century, the promise of Asian dominance appears less certain. The enduring technological and economic might of the United States, coupled with its geopolitical backlash against China, has lowered expectations. While Asia remains formidable, the trajectory of global power is open and fluid, with potential dominance shifting not necessarily to any nation or region but perhaps to a non-state entity.

OPINION

Reshuffle cements Srettha's grip

News, Thitinan Pongsudhirak, Published on 06/05/2024

» After eight months at the helm, Prime Minister Srettha Thavisin staged a much-anticipated cabinet reshuffle with unexpected drama and unsurprising consolidation. As head of a coalition government, Mr Srettha appears more "prime ministerial" as the reshuffle has strengthened his hand to implement the ruling Pheu Thai Party's flagship policies.

OPINION

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.

OPINION

Digital wallet should be implemented

Oped, Thitinan Pongsudhirak, Published on 16/02/2024

» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.