Showing 1 - 4 of 4
VAT hikes alone won't narrow deficit
Oped, Chartchai Parasuk, Published on 27/11/2025
» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.
Govt may not have stimulus plan tools
News, Chartchai Parasuk, Published on 16/10/2025
» Nowadays, governments around the world sound like movie production houses. They always come up with catchy slogans for their policies, like Donald Trump's Big Beautiful Bill.
No money left to ease Covid blues
News, Chartchai Parasuk, Published on 13/05/2021
» In the second quarter of 2020, the Thai economy shrank as much as 12.1%, resulting in a loss of 610 billion baht in GDP. Such a huge loss was the impact of Covid-19, caused by fear of the pandemic, the impact of strict lockdown measures, and a loss of revenue from foreign tourists.
Does Thailand need 'Helicopter Money'?
News, Chartchai Parasuk, Published on 09/05/2019
» I first heard of the term "Helicopter Money" when I was in graduate school studying economics. The concept belongs to a famous Nobel Prize-winning economist, Milton Friedman, and is simple. A government supplies large amounts of money to the public, as if the money is being scattered from a helicopter. People then use the money to buy things.