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Search Result for “poor”

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OPINION

Digital wallet should be implemented

Oped, Thitinan Pongsudhirak, Published on 16/02/2024

» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.

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OPINION

What's next for post-Thaksin Thailand?

Oped, Thitinan Pongsudhirak, Published on 08/09/2023

» The formation of a new coalition government under Prime Minister Srettha Thavisin has closed a two-decade chapter in Thai politics.

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OPINION

Only the young can change Thailand

Oped, Thitinan Pongsudhirak, Published on 09/06/2023

» If the past two decades of Thai politics has been about populism and colour-coded conflicts between the yellow-shirted pro-establishment forces against the red shirts aligned with ousted former prime minister Thaksin Shinawatra, the foreseeable future will likely be about structural reforms and a generational clash between the age-old established centres of power against young Thais who are rising up to determine their country's future directions. It is unsurprising that only younger Thais can change Thailand because their old compatriots have too much at stake and too many vested interests in the entrenched and deeply embedded status quo.

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OPINION

The tide of history shifts in Thai politics

Oped, Thitinan Pongsudhirak, Published on 02/06/2023

» Notwithstanding the ongoing political shenanigans by appointed agencies to shape final outcomes after the May 14 poll, Thailand already will never be the same again. The Move Forward Party's (MFP) victory as the largest winning side, with 151 out of 500 parliamentary seats, is profound but not unprecedented. Together with the Pheu Thai Party's 141 MPs, these two opposition parties are unwittingly sending a message to each other and to the broader political establishment that the curve of Thai history is shifting tectonically. Failing to grasp and adjust to this evolving tide of history could marginalise Pheu Thai and challenge the establishment to its core foundations.

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OPINION

Charter a straitjacket on democracy

Oped, Thitinan Pongsudhirak, Published on 19/05/2023

» The military-appointed constitution drafting committee that was set up after the coup in 2014 surely knew what it was doing. It crafted a charter in 2017 that now acts as a straitjacket on Thailand's democratic outcome from the general election last Sunday.

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OPINION

Done and emerging battles in Thai poll

Oped, Thitinan Pongsudhirak, Published on 28/04/2023

» Thailand's poll-leading Pheu Thai Party (PTP) is fighting a war it has already won. Consequently, its pledged freebie of 10,000 baht in a digital wallet for Thai people is superfluous and unnecessary. As the populism war has run its course, a new battleground revolving around the reform and adjustment of traditional centres of power is emerging. The fight in this new battle, being led by the Move Forward Party (MFP), is likely to last into the foreseeable future as the next stage in Thailand's modernisation imperative in the 21st century.

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OPINION

The fault line that polarises Thai politics

Oped, Thitinan Pongsudhirak, Published on 07/04/2023

» With all of Thailand's contesting political parties lined up behind populist policy platforms ahead of the general election on May 14, it is not readily obvious what sets them apart.

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OPINION

Populism triumphs as election looms

Oped, Thitinan Pongsudhirak, Published on 24/03/2023

» Although the campaign season for Thailand's much-anticipated election has only just begun, populism has already become the runaway winner. All of the contesting parties have come up with a plethora of populist pledges to woo voters. That populism has triumphed in Thai politics bears multiple longer-term implications.

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OPINION

Geoeconomics of the US-China tech war

Oped, Thitinan Pongsudhirak, Published on 16/09/2022

» Chinese President Xi Jinping's arrival in Central Asia this week in his first overseas travel in nearly three years is perhaps the most consequential irony of the coronavirus pandemic. As the place where the deadly pandemic began in early 2020, China was the first to swiftly and successfully suppress and contain Covid-19 within weeks, while its counterparts in North America and Europe languished for months under mounting death tolls and hospitalisations.

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OPINION

Election-related agencies need overhaul

Oped, Thitinan Pongsudhirak, Published on 03/06/2022

» In any respectable democratic system, a winning poll candidate who secured an overall majority of electoral support would take office with the earliest effect. Not in Thailand. When Chadchart Sittipunt trounced 29 rivals by gathering 1.38 million or 51% of the votes cast in Bangkok's gubernatorial election on May 22, the capital's electorate had to hold their breath in suspense to see whether and when the Election Commission (EC) would validate his runaway victory.