Showing 1 - 10 of 55
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.
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.
Another wasted year in Thai politics
Oped, Thitinan Pongsudhirak, Published on 26/12/2025
» As Thailand winds down 2025 with an early election looming on Feb 8, the most consequential issue to watch in the coming year will be whether recent topsy-turvy political patterns of polls, protests, and military and judicial interventions give way to a compromise between the old guard clinging on to vested interests and the new generation clamouring for reform and change.
Digesting Trump's trip through Asia
Oped, Thitinan Pongsudhirak, Published on 07/11/2025
» Storming through Asia last week, US President Donald Trump's first stop in Kuala Lumpur on Oct 26, before moving on to Japan and South Korea over the next four days, capped by his meeting with Chinese President Xi Jinping before returning to Washington, was the most consequential for Southeast Asian economies.
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.
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.
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.
Thailand's era of economic stagnation
Oped, Thitinan Pongsudhirak, Published on 05/07/2024
» After two decades of political instability and turmoil, it was a matter of time before the Thai economy would exhibit signs of distress and desperation. For decades, the Thai economy has proved resilient with an uncanny knack for bouncing back. But Teflon Thailand may have become a thing of the past. Headlines on the Thai economy have been heading south precipitously. Unless fundamental political reforms take place, Thailand will likely enter a period of low and plateaued growth with risks of grinding stagnation.
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.