Showing 1 - 10 of 109
How world's super-rich are rewriting the rules
Oped, Joseph E Stiglitz & Jayati Ghosh, Published on 13/02/2026
» Ongoing efforts to derail multilateral tax cooperation lie at the heart of a global programme to replace democratic governance with coercive rule by the extremely wealthy -- or what we call 21st-century Caesarism. Any strategy to counter this programme, therefore, must recognise that taxing extreme wealth is essential to saving democracy.
Real barriers to temple reform
Editorial, Published on 01/02/2026
» After a year of temple scandals, Thailand's top monks have promised a great clean-up. The orders sound bold. The question is whether a feudal system built on censorship, obedience and patronage can truly reform itself.
Is a return to gold standard possible?
Oped, Chartchai Parasuk, Published on 11/12/2025
» We are now in the middle of the holiday season. Therefore, I will refrain from writing about heavy and depressing issues like the Thai economy and the outlook for 2026 and beyond. In this moment of joy, I will write about the possibility of returning to the gold standard, which some supporters say can be seen in central banks aggressively buying gold bullion to replace the dubious US dollar. The last article of the year will be about the Sovereign Wealth Fund (SWF).
Why gold matters in a changing world
Oped, Chartchai Parasuk, Published on 13/11/2025
» After reading my previous article, "Thailand has become the sick man of Asean", a good friend asked me what would happen to the Thai economy after becoming the sick man?
Is there a case for IMF gold sales?
News, Tim Hirschel-Burns & Marina Zucker-Marques, Published on 14/10/2025
» With developing countries facing intense financial pressure and developed countries slashing foreign aid, it can be tempting to dream of stumbling across a pot of gold. Dream no longer: The International Monetary Fund is currently sitting on 90.5 million ounces of the metal.
Market still 'wrong' on climate
Oped, Fiona Watson, Published on 01/10/2025
» As business, government and nonprofit leaders debate the future of climate action ahead of the United Nations Climate Change Conference (COP30) in Brazil, the global economy remains vulnerable to acute and chronic climate-driven shocks whose impact could be more severe than that of the 2008 global financial crisis. At a time when many governments and businesses continue to underestimate and underprice physical climate risk, we must remember that neither financial markets nor regulators are always right. What if their current complacency about climate risks is catastrophically wrong?
Abbot's dramatic fall from grace
Oped, Sanitsuda Ekachai, Published on 01/09/2025
» Faith built his empire. Fraud destroyed it. Luang Por Alongkot's fall from grace leaves Thai Buddhism reeling, demanding long-overdue reform.
Rethinking development in an era of upheaval
News, Mohamed A El-Erian, Published on 14/08/2025
» For many developing countries, the global economic landscape has shifted dramatically in recent years. Lower growth, disrupted supply chains, reduced aid flows, and heightened financial-market volatility represent significant headwinds. Underpinning these changes is a fundamental restructuring, driven by the developed world, of the postwar economic and financial order. Against this background, a handful of factors are becoming critically important for the current and future well-being of developing countries -- and for the fate of multilateral institutions.
China's uphill fight vs price wars
News, Manishi Raychaudhuri, Published on 14/08/2025
» Overcapacity has made its way into China's domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has responded by launching a so-called "anti-involution" programme to combat deflationary price wars. It's had some early wins, but this could be a lengthy battle.
Baht bucks trends
Oped, Postbag, Published on 17/05/2025
» Re: "Baht poised to weaken further", (Business, May 14) and "Foreigners get keen on Thai markets", (Business, May 13).