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  • OPINION

    Will the planet be less crowded?

    News, Published on 21/07/2020

    » If you wanted evidence that reasonably competent government -- not great, just not awful -- produces good results in the end, here it is.

  • OPINION

    China could outrun US next year ... or never

    News, David Fickling, Published on 11/03/2019

    » Remember when Japan was going to become the world's biggest economy?

  • OPINION

    Will AI create more fake news than it exposes?

    News, Tyler Cowen, Published on 08/04/2024

    » The best large-language models can already write like humans, especially if prompted properly. Photos and images can be faked at low cost. Yet-to-be-released technology can create convincing voice simulations. There are signs that some academic papers contain traces of GPT-4. If even professors are faking it, then surely the dam has burst.

  • OPINION

    Western armed forces facing a recruitment crisis

    News, Peter Apps, Published on 01/04/2024

    » Every morning on the aircraft carrier USS Dwight D Eisenhower, an unsuspecting crew member is called to the bridge, presented with a cookie and asked to sit in the captain's chair.

  • OPINION

    Financial crisis looms over Thailand

    Oped, Chartchai Parasuk, Published on 25/01/2024

    » The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.

  • OPINION

    Time to ease Thai bond market rules

    Oped, Published on 14/02/2024

    » The Thai bond market, with massive valuations surpassing 16.7 trillion baht as of the end of the third quarter of 2023 and continuous prospective growth, is a crucial mechanism in the capital market and the Thai economy. Net market value could rise by over 386 million baht per year if legal restrictions on bond trading are unlocked.

  • OPINION

    Don't rely on last year's trends for global economy

    Oped, Published on 16/01/2024

    » Behavioural economists have popularised the term "recency bias" to describe our tendency to be disproportionately influenced by the latest events compared to earlier ones. Could this cognitive phenomenon explain why numerous analysts have a rather optimistic tilt for the world economy in 2024? Or are there really positive trends counterbalancing the obvious and mounting challenges to global growth?

  • OPINION

    How did Japan become so cheap?

    Oped, Published on 09/03/2022

    » Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.

  • OPINION

    A tale of liquidity and (too much) debt

    Oped, Chartchai Parasuk, Published on 05/10/2023

    » Before starting the article, I want to convey a message to the government. The message is "Nothing is free; everything has to be paid for". Acting like Santa Claus is nice, but the government should be aware that every handout gift comes with a price tag.

  • OPINION

    Why do I smell tom yum kung cooking?

    Oped, Chartchai Parasuk, Published on 10/08/2023

    » Readers who follow my bi-weekly economic column will have no doubt that the tom yum kung I am referring to is not a traditional Thai soup dish but the financial crisis of 1997.

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