Showing 1 - 5 of 5
The Thaksin factor in Thai politics
Oped, Thitinan Pongsudhirak, Published on 15/03/2024
» Thai politics in the near term will likely be dominated by the fate of the two largest vote winners from the general election in May 2023, the Move Forward (MFP) and Pheu Thai parties. While the MFP is at risk of another dissolution, the same as its predecessor Future Forward Party suffered in 2020, Pheu Thai's political future appears to hinge on Thaksin Shinawatra and his return from exile in what is believed to be a deal that follows the assumption of the premiership under Srettha Thavisin, and for Thaksin, a royal pardon and early release on parole.
Thailand's central bank dependence
Oped, Thitinan Pongsudhirak, Published on 23/02/2024
» To proponents of central bank independence, the ongoing friction between Prime Minister and Finance Minister Srettha Thavisin and Bank of Thailand Governor Sethaput Suthiwartnarueput appears straightforward. The prime minister is putting unwarranted and unfair pressure on the central bank governor to spur the economy by loosening monetary policy and cutting interest rates. Yet, on closer scrutiny, the entrenched politicisation of central banking in Thailand may suggest otherwise. There is more than meets the eye in the politics of interest rate cuts.
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.
Virus risks versus economic imperatives
Oped, Thitinan Pongsudhirak, Published on 08/05/2020
» The coronavirus pandemic requires responding governments to be agile and quick on their feet, learning by doing and constantly reevaluating their policy mix. What was needed a month or two ago may need to be recalibrated this week for the immediate future in a moving balance of risks and objectives. For Thailand, the balance between public health safety and economic reality has been lost. The Centre for Covid-19 Situation Administration (CCSA) risks becoming a victim of its own success. This means the government of Prime Minister Prayut Chan-o-cha should now be listening to economists and social workers a little more than epidemiologists and medical doctors as Thailand's virus-fighting priorities shift with twists and turns.
Thailand's murky, muddled road ahead
News, Thitinan Pongsudhirak, Published on 31/03/2017
» In a new era of transformative technologies and tectonic geopolitical shifts, standing still is tantamount to falling behind. This is what Thailand is doing. Its recent news flow indicates the country is mired in a regressive holding pattern.