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News, Chartchai Parasuk, Published on 11/07/2024
» When is the last time readers experienced a situation like this? One takes money to deposit in a bank and the bank says please take your money elsewhere as we have no use for it. Such an unusual situation is happening in Thailand at this moment. Thai banks are reducing their credit portfolios and, consequently, reducing their needs for funding.
Oped, Chartchai Parasuk, Published on 22/10/2020
» Economics and politics are inseparable. The current nationwide demonstrations against the government might appear to have only political agendas, but the underlying driving force of the burgeoning demonstrations might be economics. The question is "why now?". The prime minister has been in office since early 2019 and, if one counts his previous term, he has been in office since mid-2014. Furthermore, the current constitution has been in effect since 2017.
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.
News, Chartchai Parasuk, Published on 27/02/2020
» As of Wednesday, there were 80,991 confirmed cases of the Wuhan coronavirus known as Covid-19, spread across 41 countries and territories. But explaining health issues is not the purpose of this article. I will leave that to medical and infection experts. The purpose here is to determine the economic impacts of the spread of Covid-19, particularly on the Thai economy.
News, Chartchai Parasuk, Published on 23/05/2019
» Many of you might be waiting to read about an effective "helicopter money" policy to boost the Thai economy as I mentioned in my previous article. Of course, I have reached my conclusion on that strategy but I beg readers to wait and read today's article first. The reason is that without properly understanding the "real" economic problems, a demand-stimulating policy such as helicopter money would become useless and could do more harm than good.