Showing 1 - 10 of 24
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.
Thailand's political trajectory in 2026
Oped, Thitinan Pongsudhirak, Published on 09/01/2026
» What happens in Thai politics this year and the immediate horizon will be determined by the upcoming election on Feb 8. While contesting political parties are in full campaign mode, the contemporary history of Thai polls so far in the 21st century is not encouraging. Only once in the past 25 years have voting results went the way they were meant to, in accordance with the popular will. Whether the vote in four weeks will follow the same pattern will depend on whether the conservative establishment gets its preferred outcome.
Smart geopolitics starts on home front
Oped, Thitinan Pongsudhirak, Published on 21/02/2025
» According to a longstanding axiom, all politics is local. If so, then smart and crafty geopolitics must start at home with sufficient domestic political stability and consensus about how the country should navigate what is increasingly a turbulent geostrategic chessboard. Put this way, few countries can appreciate the intersection of geopolitics and domestic politics more than Thailand. Its rocky and volatile home front over the past two decades continues to impede and constrain its geostrategic projection.
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.
The Thaksin factor in Thai politics
Oped, Thitinan Pongsudhirak, Published on 15/03/2024
» Thai politics in the near term will likely be dominated by the fate of the two largest vote winners from the general election in May 2023, the Move Forward (MFP) and Pheu Thai parties. While the MFP is at risk of another dissolution, the same as its predecessor Future Forward Party suffered in 2020, Pheu Thai's political future appears to hinge on Thaksin Shinawatra and his return from exile in what is believed to be a deal that follows the assumption of the premiership under Srettha Thavisin, and for Thaksin, a royal pardon and early release on parole.
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.
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.
Tolerating populism for democracy
Oped, Thitinan Pongsudhirak, Published on 13/10/2023
» The so-called “super deal” in August that resulted in the return of Thaksin Shinawatra and the formation of the Pheu Thai Party-led coalition government under Srettha Thavisin evidently has its limitations. It appears to be rejected by sections of the conservative old guard who still wants to resort to extra-parliamentary ways and means to undermine Thailand’s delicate parliamentary democracy. Reminiscent of past protests against Mr Thaksin’s brand of populism, a new round of extra-parliamentary political movement has begun in earnest with the petition launched by 99 prominent economists, including former central bank governors, against the Srettha government’s 10,000-baht digital wallet policy.
Srettha confronts myriad of challenges
News, Thitinan Pongsudhirak, Published on 22/09/2023
» As the coalition government of Prime Minister Srettha Thavisin gets going, it faces multiple daunting challenges, from public expectations and policy deliverables to the maintenance of political stability.
What's next for post-Thaksin Thailand?
Oped, Thitinan Pongsudhirak, Published on 08/09/2023
» The formation of a new coalition government under Prime Minister Srettha Thavisin has closed a two-decade chapter in Thai politics.