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  • OPINION

    A new middle class and core industries

    Oped, Chartchai Parasuk, Published on 04/05/2023

    » This article, after a few interruptions, is Part 3 of "Changing Thailand: The Series." It began with a prologue that presented an overview, emphasising that Thailand has been lagging behind its neighbours in terms of per-capita income growth.

  • OPINION

    Part 2: Managing household debt

    Oped, Chartchai Parasuk, Published on 06/04/2023

    » This is the second article, Managing Household Debt, of the Changing Thailand series.

  • OPINION

    World faces prospect of financial tumult

    Oped, Chartchai Parasuk, Published on 23/03/2023

    » Today, I was supposed to present the third article, Managing Household Debt, in the series "Changing Thailand". In fact, I have finished drafting a payment reduction model which could reduce monthly debt payments by 4.6 times without the hair-cutting debt principal or requiring government financial support. But I will delay that article for now.

  • OPINION

    Part 1: The country needs to change

    Oped, Chartchai Parasuk, Published on 09/03/2023

    » Before I start the article, I would like to report that Thailand's economic performance in January 2023 was no better than the last quarter of 2022, when GDP growth was merely 1.4%.

  • OPINION

    Changing Thailand: a series (prologue)

    Oped, Chartchai Parasuk, Published on 23/02/2023

    » Before I start talking economic jargon filled with figures, let me explain Thailand's economic situation in plain language.

  • OPINION

    New surge a blow to weak economy

    Oped, Chartchai Parasuk, Published on 15/04/2021

    » Today's article is "breaking news" as I am in the midst of writing a five-part series about the liquidity crisis risk facing the country. I have already published the first two parts of the series -- origins of the risk and experience from 1997 economic crisis. I still have three more articles to go. They are: (1) warning signs of the risk, (2) shielding oneself from the risk, and (3) appropriate macro-economic policy responses. I do not want to break the series because warning signs are getting stronger every day such as the alarming US$8.4 billion (263 billion baht) outflow in March and the 154 billion baht government cash deficit in February.

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