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OPINION

In an uncertain world, gold is a comfort

Oped, Chartchai Parasuk, Published on 05/02/2026

» With Thai citizens heading to the polls this Sunday to decide which party will form the next government, I have decided to postpone my article on the economic crisis for another two weeks.

OPINION

Problems await the new BoT governor

Oped, Chartchai Parasuk, Published on 04/09/2025

» The first problem incoming Bank of Thailand (BoT) governor Vitai Ratanakorn will face is political uncertainty.

OPINION

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.

OPINION

A 4-win solution to the handout plan

News, Chartchai Parasuk, Published on 30/11/2023

» There could be a four-win solution to the 10,000-baht cash handout scheme.

OPINION

New govt faces 4 economic time bombs

Oped, Chartchai Parasuk, Published on 18/05/2023

» The election result is already out and Thailand is heading for a big policy change. As the party with most seats, the Move Forward Party will form the government. The second place-getter -- the Pheu Thai Party -- has agreed to be in the coalition. These two parties, however, have totally different views on how to run the economy.

OPINION

Pheu Thai's giveaway might just work

Oped, Chartchai Parasuk, Published on 20/04/2023

» If one plans to read only one economic analysis article for this year, this is it.

OPINION

Interest gap could spell economic peril

Oped, Chartchai Parasuk, Published on 06/10/2022

» On a recent Monday, the Fed called an emergency meeting. The discussion topics were not made known. Could it possibly be about turmoil in the UK bond market and the financial troubles of large investment banks? At this fragile time, the world cannot afford another Lehman Brothers-type disaster.

OPINION

BoT can't afford to hold interest rates

Oped, Chartchai Parasuk, Published on 14/07/2022

» Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.

OPINION

Spectre of 2023 global recession looms

Oped, Chartchai Parasuk, Published on 19/05/2022

» In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead.

OPINION

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.