Showing 1 - 10 of 28
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.
Trump tariffs sow divisions in Asean
Oped, Thitinan Pongsudhirak, Published on 02/05/2025
» President Donald Trump's unilateral imposition of tariffs across the United States' economic chessboard poses a critical test for Asean. As the regional organisation of Southeast Asia, Asean has weathered many geopolitical and geoeconomic storms in its 58-year existence, but no adversity like the Trump tariffs. Unless Asean reorganises and regroups, the ten-member body risks further divisions and increasing irrelevance.
A backdrop to Trump's stunning win
Oped, Thitinan Pongsudhirak, Published on 08/11/2024
» Analysts often face the tough task of assessing an outcome the way it is rather than how they would like it to be. Nowhere is this challenge more daunting than analysing the stunning election results in the United States this week. Against the odds, former President Donald J Trump of the Republican Party has resoundingly won a second term over Vice President Kamala D Harris of the Democratic Party both in the popular vote and the Electoral College. The Republican Party also captured the Senate and the House of Representatives. While the implications for Thailand and the rest of Southeast Asia are wide-ranging and far-reaching, it is first and foremost necessary to understand the nature of the Trump victory.
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.
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.
Done and emerging battles in Thai poll
Oped, Thitinan Pongsudhirak, Published on 28/04/2023
» Thailand's poll-leading Pheu Thai Party (PTP) is fighting a war it has already won. Consequently, its pledged freebie of 10,000 baht in a digital wallet for Thai people is superfluous and unnecessary. As the populism war has run its course, a new battleground revolving around the reform and adjustment of traditional centres of power is emerging. The fight in this new battle, being led by the Move Forward Party (MFP), is likely to last into the foreseeable future as the next stage in Thailand's modernisation imperative in the 21st century.
The truth about Thai money politics
Oped, Thitinan Pongsudhirak, Published on 13/01/2023
» As the election looms in Thailand, money politics returns with a vengeance.
Global, regional, local trends for 2023
Oped, Thitinan Pongsudhirak, Published on 23/12/2022
» Although economic predictions are usually reserved for the foolhardy, as the future is always difficult to ascertain, there are certain trend lines and probabilities that can be discerned at the global and regional level as well as the local level here in Thailand. As a year-end exercise, we can tease out a few contours with a reasonably high degree of probability.
Apec's geopolitics and geoeconomics
Oped, Thitinan Pongsudhirak, Published on 11/11/2022
» The upcoming leaders' meeting in Bangkok among the 21 member economies of the Asia-Pacific Economic Cooperation (Apec) should be seen in conjunction with its preceding Asean-related summits in the Cambodian capital of Phnom Penh and the G20 summit in Bali, the Indonesian island resort. This one-two-three combination in three Southeast Asian countries over a ten-day period is supposed to showcase Asean's central role in the promotion of peace, security and prosperity in the region and the wider world. But as Asean's summit season gets underway in Cambodia, excitement and promise have given way to anxieties and apprehensions. While these summit talks are an extraordinary opportunity to tone down geopolitical temperatures and geoeconomic competition, they are likely to yield mixed results.