Showing 1 - 7 of 7
Impacts of Iran war on Southeast Asia
Oped, Thitinan Pongsudhirak, Published on 20/03/2026
» For the most part, Southeast Asia as a region has taken a neutral stance toward the joint attack between the United States and Israel against the Islamic Republic of Iran. Even the Philippines and Thailand, two formal US treaty allies, have distanced themselves, calling for restraint and de-escalation.
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.
Post-Covid headwinds hit the region
Oped, Thitinan Pongsudhirak, Published on 14/10/2022
» As the five economies in mainland Southeast Asia re-emerge from the Covid-19 pandemic, their prospects for recovery and return to growth and development appear challenged, characterised by deteriorating balance of payments, fiscal weaknesses, currency depreciations, and rising inflation amidst global monetary tightening and recession risks.
Cambodia and Laos in the regional mix
Oped, Thitinan Pongsudhirak, Published on 30/09/2022
» As geopolitical tensions from Russian aggression in Ukraine and the ongoing United States-China rivalry intensify, Southeast Asia will be hard-pressed to maintain peace and security. Despite their relatively small size, Cambodia and Laos are two countries whose political trajectories will shape regional outcomes. While Cambodia has consolidated domestic political power with dynamic economic expansion, Laos is looking like a regional laggard facing a deep debt crisis. As Cambodia moves forward, Laos is at risk of being left behind.
RCEP without India poses new hurdles
News, Thitinan Pongsudhirak, Published on 08/11/2019
» On the face of it, the Regional Comprehensive Economic Partnership is an Indo-Pacific trade pact that would shore up the stalled world trade liberalisation and stem the rising tide of protectionism in the global economy. India's withdrawal from the RCEP -- whose other 15 members comprise the 10 Asean economies along with China, Japan, South Korea, Australia and New Zealand -- is a major setback, posing new challenges for the Asean-centred trade bloc. Asean should persuade India to return to the RCEP fold, while preparing for a much less promising RCEP15 as second-best outcome.
A trade war that is about more than trade
News, Thitinan Pongsudhirak, Published on 24/08/2018
» The most dangerous risk from the ongoing "trade war" between the United States and China is that it is not fundamentally about trade. With each tit-for-tat escalation and retaliation from both sides, what the world is witnessing is a larger struggle between two grand competitors of the 21st century, underpinned by opposing systems of socioeconomic organisation, values and ideas about global order.
Prime Minister Prayut is no President Xi
News, Thitinan Pongsudhirak, Published on 16/03/2018
» That the Chinese Communist Party-controlled legislature has removed the term limits of the country's president and vice president has already sent shockwaves worldwide. It means that President Xi Jinping can continue to be China's head of state into a third term beyond 2023. Even though China's presidency is less powerful than the Chinese Communist Party's General Secretary and head of the Central Military Commission, the abolition of presidential term limits sends unmistakable signals that President Xi intends to hold complete and absolute power. He is now seen as more powerful than any contemporary Chinese leader, unrivalled since the time of founding father Mao Zedong.