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Showing 1-9 of 9 results
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Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
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Wake up and ‘smell’ the boiling water
News, Wichit Chantanusornsiri, Published on 10/01/2019
» Despite the uncertain date of the long-awaited election, political parties have intensified their poll campaigns, offering tempting policies to attract voters. A quick look at the campaign pledges of the competing parties suggests they want to turn Thailand into a welfare state. That would be a tough task.
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Wealth gap still endangers democracy
News, Wichit Chantanusornsiri, Published on 24/05/2018
» Time flies. This week marks the fourth year of the military regime under Gen Prayut Chan-o-cha taking power after it ousted the civilian government in a coup in 2014. It's hard to imagine the military could ever have made a comeback to politics after the 1992 uprising when the men in green were forced to go back to the barracks, never mind managing to stay this long.
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EEC needs political will to succeed
News, Wichit Chantanusornsiri, Published on 25/01/2018
» The Eastern Economic Corridor (EEC), a project that will strengthen not only the country's economic performance but also its competitiveness, is making rapid progress, which is commendable.
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Reform, reform, reform: 3 gates to growth
News, Wichit Chantanusornsiri, Published on 10/08/2017
» Thailand's economic growth has been bogged down in the past decade by political instability. Since the 2014 coup, the military government of Gen Prayut Chan-o-cha has managed to stabilise the political climate. But uncertainty prevails when it comes to the country's political future.
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Council of State challenges two-year payback mandate
Business, Wichit Chantanusornsiri, Published on 18/04/2017
» The Council of State has proposed loosening the requirement of a two-year payback for government when it borrows to finance any populist policy, aiming to keep subsequent administrations from running out of resources for investment if the fiscal budget is constrained.
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Rice policies must take focus off populism
News, Wichit Chantanusornsiri, Published on 13/10/2016
» Former prime minister Yingluck Shinawatra has cried foul about the compensation, sought by the current regime, for damages caused by her government's loss-ridden rice-pledging scheme. She should instead have paid heed to concerns over irregularities and the scheme's lack of sustainability when she was in power.
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Jury still out on government's ability to lift economy
News, Wichit Chantanusornsiri, Published on 22/09/2016
» With the Prayut Chan-o-cha government in charge for more than two years, the Thai economy still hangs in the balance. Even though the government has managed to lift the country out of the economic stagnation we experienced before the 2014 coup, it has failed to accelerate growth.
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Thais opt for quick fix over full democracy
News, Wichit Chantanusornsiri, Published on 11/08/2016
» The results of Sunday's constitutional referendum demonstrate a critical reversion of political thought among Thai voters. In voting for a less democratic draft constitution, they have made it clear they prefer immediate remedies for political and economic woes rather than fully-fledged democracy.
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