Showing 1 - 10 of 1,340
BoT ought to revise exchange rate policy
Oped, Chartchai Parasuk, Published on 26/09/2024
» This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the "too strong" Thai baht requires immediate attention.
US can't rely on inflation shamanism
News, Published on 23/09/2024
» Google "shamanism" and you will find that it is "a tradition of part-time religious specialists who establish and maintain personalistic relations with specific spirit beings through the use of controlled and culturally scripted altered states of consciousness." Every element of that definition applies to monetary policymaking today, as illustrated by the reaction to the US Federal Reserve's Sept 18 decision to cut the short-term interest rate by 50 basis points.
Getting to root of the term 'food waste'
Oped, Published on 14/09/2024
» The global community has recognised "food waste" as a significant issue and has included it as part of Sustainable Development Goal 12 (SDG 12) on sustainable production and consumption. One target of SDG 12 aims to halve global food waste at the retail and consumer levels by 2030.
Adapt to new tax policy
News, Editorial, Published on 09/09/2024
» Thailand is now faced with the inevitable task of imposing a top-up tax on transnational firms operating within its borders, in compliance with the global requirements of the Global Minimum Tax (GMT). This tax policy imposes a formidable challenge for the government as it seeks to maintain the nation's competitiveness and continue attracting vital foreign direct investment (FDI).
Can AI revolutionise prosperity?
Oped, Published on 06/09/2024
» As global economic growth slows, many hope technological innovation is a potential solution. The International Monetary Fund's latest World Economic Outlook, for example, highlighted the potential of artificial intelligence to boost productivity and GDP. But the report also warns that given the uncertainties surrounding the extent of AI's impact, such forecasts should be approached with a dose of caution. While AI could usher in an era of prosperity, this outcome depends on how these emerging technologies evolve.
Thaksin's 'vision' might be outdated
News, Chartchai Parasuk, Published on 05/09/2024
» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.
Protecting workers from heat
News, Published on 02/09/2024
» Today's escalating climate crisis disproportionately affects the world's two billion informal workers. As heat waves become increasingly frequent and intense, the absence of global occupational safety and health (OSH) protections against climate-related risks leaves these workers dangerously exposed. Forced to labour in record-breaking temperatures, their health and even lives are in jeopardy.
Does 'slacktivism' deserve its bad reputation?
Oped, Published on 23/08/2024
» Earlier this year, activists opposing the war in Gaza marched onto the Golden Gate Bridge and Interstate 880 in Oakland. They blocked traffic for hours, some chaining themselves to vehicles or cement-filled drums. Twenty-six were arrested and charged.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
Lessons to build a care economy
Oped, Published on 21/08/2024
» As populations age worldwide, the demand for care services is reaching unprecedented levels, presenting complex challenges for all societies, but particularly those in the developed world. This is also true for Uruguay, where the demographic profile is closer to that of North America and Europe than to its regional neighbours.