Showing 1 - 10 of 86
Some shock therapy or slow healing?
Oped, Chartchai Parasuk, Published on 02/04/2026
» Do readers prefer shock therapy or slow healing? This is not a health question, but an important economic one.
Risk of crisis growing more acute
Oped, Chartchai Parasuk, Published on 05/03/2026
» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.
Is a return to gold standard possible?
Oped, Chartchai Parasuk, Published on 11/12/2025
» We are now in the middle of the holiday season. Therefore, I will refrain from writing about heavy and depressing issues like the Thai economy and the outlook for 2026 and beyond. In this moment of joy, I will write about the possibility of returning to the gold standard, which some supporters say can be seen in central banks aggressively buying gold bullion to replace the dubious US dollar. The last article of the year will be about the Sovereign Wealth Fund (SWF).
Why gold matters in a changing world
Oped, Chartchai Parasuk, Published on 13/11/2025
» After reading my previous article, "Thailand has become the sick man of Asean", a good friend asked me what would happen to the Thai economy after becoming the sick man?
Thailand now 'the sick man of Asean'
Oped, Chartchai Parasuk, Published on 30/10/2025
» The inspiration for this article comes from the International Monetary Fund's (IMF) World Economic Outlook (WEO) report for the month of October.
Dealing with Trump is half the story
Oped, Chartchai Parasuk, Published on 07/08/2025
» This will be an eye-opening article. It is an analysis that readers have not read anywhere. No one seems to realise that after a mega-earthquake in the ocean, giant tsunamis will always follow. If Donald Trump's reciprocal tariffs are comparable to a mega economic earthquake, President Xi Jinping's reactions will have the impact of a giant economic tsunami.
Tariff talks are unlikely to go as planned
Oped, Chartchai Parasuk, Published on 24/07/2025
» It is only a week away from the Aug 1 deadline when the 36% reciprocal tariff levied on Thai exports to the US will take effect.
Don't let politics mask economic woes
Oped, Chartchai Parasuk, Published on 26/06/2025
» As if economic problems in Thailand are not bad enough, political issues add to the complications. The worst is the split in the coalition. Even with an overwhelming majority of 314 (out of 493 parliamentary seats) prior to the break-up, the government could not push for many major policies, including the 10,000 baht cash handout scheme.
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.
The economy is waiting to hit an iceberg
Oped, Chartchai Parasuk, Published on 20/03/2025
» This is not a scene from the 1997 film Titanic. On the evening of April 14th 1912, a small Canadian fishing boat, skippered by a French-Canadian captain called "Jacques-Chai", approached the Titanic wanting to convey a very important message to Captain Edward Smith. The message was that there was a sea of icebergs, one was particularly big, about 200 miles ahead.