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Search Result for “rising 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's costly political shenanigans

Oped, Thitinan Pongsudhirak, Published on 22/08/2025

» In a country of 70 million where a handful of men can remove an elected government time and again, there can be no stability and progress, only tension and regression. This is how Thailand can be characterised over the past two decades. It is now going through yet another cycle of heightened political instability with the potential collapse of the government under suspended Prime Minister Paetongtarn Shinawatra in the footsteps of previous leaders who were similarly ousted by the Constitutional Court.

OPINION

Thai-Cambodian feud is Asean's worst

Oped, Thitinan Pongsudhirak, Published on 15/08/2025

» The border dispute and consequent military conflict between Cambodia and Thailand in recent weeks have become Asean's worst crisis in its 58 years of existence. Ironically, it was an intra-regional war between Indonesia and Malaysia that gave rise to Asean in 1967, but now an intra-Asean military clash is undermining the Southeast Asian organisation's core reason for being and its main claim to credibility and prominence. Unless Asean, under Malaysia as its rotational chair this year, moves fast to contain the bilateral dispute and reinforce a delicate ceasefire agreement, Southeast Asia will be looked upon increasingly as a region and less as an organisation of member states.

OPINION

PM's crisis and Thai political directions

Oped, Thitinan Pongsudhirak, Published on 27/06/2025

» What began just a month ago as a minor border dispute with Cambodia has spiralled into an existential political crisis in Thailand. In what she understood to be a private phone conversation with Cambodia's former prime minister and Senate President, Hun Sen, Prime Minister Paetongtarn Shinawatra compromised her premiership and undermined Thai national interests. While she tries to ride out the storm, her tenure appears wobbly and unworkable. What comes next will likely proceed in one of three directions revolving around the Thai parliamentary processes, each with its own scenarios and considerations.

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.