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OPINION

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.

OPINION

Omicron's threat to global supply chain

Oped, Chartchai Parasuk, Published on 13/01/2022

» By definition, a supply chain disruption is any event that causes a disruption in the production, sale, or distribution of products. Supply chain disruptions can include events such as natural disasters, regional conflicts, and pandemics.

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.

OPINION

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.

OPINION

Can economy weather Covid-19 storm?

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.