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  • OPINION

    Age-old nature of the 'New Cold War'

    Oped, Thitinan Pongsudhirak, Published on 19/11/2021

    » History is back with a vengeance. Contrary to what proponents of the "end of history" theory said a few decades ago, the ideological struggle of the 20th century between the "free world" versus "the socialist-communist" camp is still ongoing, despite the Cold War ending over three decades ago. The struggle now features the United States-led Western alliance versus the China-centric global network of nations with authoritarian tendencies.

  • OPINION

    Misguided myopia of asking the rich

    Oped, Thitinan Pongsudhirak, Published on 24/04/2020

    » Prime Minister Prayut Chan-o-cha's initiative to seek more cooperation and assistance from Thailand's 20 wealthiest billionaires is understandable. Thailand needs all the help it can get to handle and manage the social and economic ravages of the coronavirus (Covid-19) crisis. But making an appeal in writing from the top to the country's richest is short-sighted and misguided on many levels. It displays a government at the end of its tether and a leader who is being forced to own up to mismanaging the country for the past six years.

  • OPINION

    Thai geopolitical balancing compromised

    News, Thitinan Pongsudhirak, Published on 06/07/2018

    » Thailand is demonstrably famous for its foreign policy balancing. From the era of imperialism and two World Wars through the Cold War, Thailand's gifted geography and diplomatic finesse and skill shepherded the country's sovereignty and independence through the thick and thin of geopolitical headwinds. Whatever happens out there, the Thais (and their Siamese forebears) had a way to diplomatically navigate and geopolitically balance their national interests to stay out of harm's way.

  • OPINION

    Thai police graft highlights bigger issues

    Oped, Thitinan Pongsudhirak, Published on 26/04/2024

    » There is no bigger news on the current Thai political scene than corruption among the top echelons of the police force. At issue is the tussle between Thailand's two senior-most cops, Pol Gen Surachate Hakparn and Pol Gen Torsak Sukvimol, both accusing each other of being on the take. Their high-stakes feud would normally be a run-of-the-mill story for the infamously shady Thai police but this case has become a mirror and microcosm of structural graft that is corroding the highest corridors of politics, economy, and society.

  • OPINION

    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.

  • OPINION

    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.

  • 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.

  • OPINION

    No losers, two winners in Taiwan poll

    Oped, Thitinan Pongsudhirak, Published on 26/01/2024

    » Among elections in Asia this year, Taiwan's is no less consequential, not just for the island country's political future but also for the United States-China rivalry and broader geopolitics. In the event, the results from the Jan 13 general election in Taiwan ended up with no major losers among the main contenders and two big wins for democracy in Asia and the geopolitical status quo.

  • OPINION

    Prospects at home and abroad in 2024

    Oped, Thitinan Pongsudhirak, Published on 05/01/2024

    » Overlooked but deeply consequential, 2024 will be the first time in a decade that Thailand is ruled by a civilian-led government. Whatever frustration and disenchantment that arise this year, memories must not run short. Thailand suffered deeply under the coup-backed regime of Gen Prayut Chan-o-cha. Seeing his back is politically good riddance, and having Srettha Thavisin as a thoroughly civilian and pro-business prime minister bodes well for the country. Yet Mr Srettha has his work cut out to boost the economy, address constitutional reform, restore Thailand's international standing, and stay in office into next year amid the global economic slowdown.

  • OPINION

    Tolerating populism for democracy

    Oped, Thitinan Pongsudhirak, Published on 13/10/2023

    » The so-called “super deal” in August that resulted in the return of Thaksin Shinawatra and the formation of the Pheu Thai Party-led coalition government under Srettha Thavisin evidently has its limitations. It appears to be rejected by sections of the conservative old guard who still wants to resort to extra-parliamentary ways and means to undermine Thailand’s delicate parliamentary democracy. Reminiscent of past protests against Mr Thaksin’s brand of populism, a new round of extra-parliamentary political movement has begun in earnest with the petition launched by 99 prominent economists, including former central bank governors, against the Srettha government’s 10,000-baht digital wallet policy.

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