Showing 1 - 9 of 9
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.
Will Thailand's economy cheat death?
News, Chartchai Parasuk, Published on 23/01/2025
» 'He and the other survivors have briefly cheated death, but will not be able to evade their fate for very long." A movie buff will know this comes from Final Destination and the "he" in the quote refers to Alex Browing, the movie's main character.
Trump tariffs spell trouble for Thailand
Oped, Chartchai Parasuk, Published on 14/11/2024
» Readers must have read a few articles or listened to numerous analyses of US President-elect Donald Trump's trade protectionism policy and its impact on the world economy, particularly China. But this could be the first genuinely economic-oriented analysis of Mr Trump's policy, emphasising issues relevant to Thailand. Readers could find that an economic approach would give new insights into this much talked about topic.
Making sense of performance figures
Oped, Chartchai Parasuk, Published on 31/10/2024
» I have the duty of reviewing quarterly economic performances and making economic growth projections for a private research firm.
Thaksin's 'vision' might be outdated
News, Chartchai Parasuk, Published on 05/09/2024
» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
2024 financial crisis may be a silent one
Oped, Chartchai Parasuk, Published on 04/04/2024
» When an economy faces a financial crisis, it can create a big bang like the mass collapse of financial institutions such as during the Great Depression of the 1930s, the Thai Tum Yum Kung crisis of 1997, the Japanese financial crisis in late 1997, and the US Hamburger crisis of 2008.
A tale of liquidity and (too much) debt
Oped, Chartchai Parasuk, Published on 05/10/2023
» Before starting the article, I want to convey a message to the government. The message is "Nothing is free; everything has to be paid for". Acting like Santa Claus is nice, but the government should be aware that every handout gift comes with a price tag.
It's time to face grim Covid-19 reality
News, Chartchai Parasuk, Published on 07/05/2020
» At the onset of the coronavirus outbreak, there emerged an outbreak containment option called "Hurt and then ending" which in Thai is jeb tae jop. The complete lockdown of Wuhan was a prime example of that. In Thailand, the lockdown measure was first implemented in Buri Ram before it become a standard practice nationwide. The effectiveness of the measures varies across the globe -- from a seemingly complete success story in Wuhan to a not-yet sustained success in Spain, to a success and then failure in Singapore. I do not think anybody doubts the effectiveness of the lockdown on controlling the outbreak, but many, including myself, are starting to come out and question the cost of lockdown, which I have previously mentioned.