Showing 1 - 3 of 3
2026 will be a year of debt struggles
Oped, Chartchai Parasuk, Published on 08/01/2026
» Forget GDP growth. Forget tourist arrivals. Forget export figures. In 2026, Thailand's overriding economic challenge will not be growth but debt repayment.
Economic growth in 2022 no mean feat
Oped, Chartchai Parasuk, Published on 10/02/2022
» Most economic research houses, government and private, projected Thailand would see GDP growth of 3.5-4% this year. Even the Joint Standing Committee of Commerce, Industry, and Banking, an organisation representing Thai business entities, supported that range.
Stagflation is now a reality for Thailand
News, Chartchai Parasuk, Published on 19/12/2019
» I first encountered this word, a combination of "stagnation" and "inflation", in an economics textbook. Stagflation depicts an unusual situation whereby an economy experiences both a slowdown and high inflation at the same time. A textbook example is the US economy of the early 1970s, which suffered 9% unemployment along with 12% inflation. The culprit was a doubling of world oil prices which pushed the US economy into a recession and raised the cost of goods and services.