Showing 1 - 6 of 6
Policy options for an overvalued baht
Oped, Chartchai Parasuk, Published on 25/12/2025
» This is the last article of 2025. I have to thank readers for following my articles throughout the years. I believe I wrote my first article for the Bangkok Post in January 2020. So, it has been a five-year collaboration with the paper. Thank you, Bangkok Post.
Backing Trump on tariffs, not on tone
Oped, Chartchai Parasuk, Published on 17/04/2025
» I'm not a Donald Trump supporter. On the contrary, I dislike the US president for his abrasive behaviour. For Mr Trump, everything is nothing but numbers. Compassion has no meaning in his dictionary.
How are Thais spending so much now?
Oped, Chartchai Parasuk, Published on 01/12/2022
» Third-quarter GDP growth for 2022 (Q3/2022) is 4.5% -- substantially higher than the expected 4%. The main driving factor is robust private consumption -- not tourism income -- which expanded 9% in real terms and 15.7% in nominal terms, compared to the same quarter last year. On the surface, this high growth phenomenon may look normal as most Asean countries have enjoyed similar benefits of low Covid infections and pent-up demand. For instance, Malaysia's private consumption also expanded 15.7% in the same third quarter.
No choice but to open the economy
Oped, Chartchai Parasuk, Published on 14/10/2021
» There are not many countries on this planet that depend on outside markets like Thailand. Exports of goods account for 54% of GDP while foreign tourism income accounts for another 12% -- totaling 66% of GDP. The rest is made up by domestic private consumption.
When an economist meets a psychic
Oped, Chartchai Parasuk, Published on 04/02/2021
» I enjoy reading prophecies. There is one thing fortune tellers and economists have in common: they make predictions. As an economist, I use my knowledge, theories and actual data, to check whether these prophecies make economic sense.
Covid-19 stimulus may sink economy
Oped, Chartchai Parasuk, Published on 09/04/2020
» It is undeniable the Covid-19 outbreak is wreaking havoc on economies worldwide. To lessen the pain on their citizens and prevent economic free-fall into the recession trap, most governments are rolling out stimulus packages, typically consisting of cash handouts, wage compensation and concessional loans.