• 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

  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

  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

  Next poll brings highest stakes, risks

  Oped, Thitinan Pongsudhirak, Published on 09/12/2022

  » In the face of the myriad of questions and issues that beset Thai politics in the lead-up to the general election, which must be held by May 7, the biggest facts and dilemmas are not being raised. Prime Minister Prayut Chan-o-cha is now headed to complete nine years in office, the first five of which were under a military government after he and his cohorts seized power by force in May 2014, and the last four under an elected coalition government enabled by the 2017 constitution crafted by a committee the ruling generals had set up. Moving forward, Thailand risks settling into a prolonged period of economic stagnation and political decay unless there is a qualitative change of government after the poll.

• OPINION

  Post-Covid headwinds hit the region

  Oped, Thitinan Pongsudhirak, Published on 14/10/2022

  » As the five economies in mainland Southeast Asia re-emerge from the Covid-19 pandemic, their prospects for recovery and return to growth and development appear challenged, characterised by deteriorating balance of payments, fiscal weaknesses, currency depreciations, and rising inflation amidst global monetary tightening and recession risks.

• OPINION

  Cambodia and Laos in the regional mix

  Oped, Thitinan Pongsudhirak, Published on 30/09/2022

  » As geopolitical tensions from Russian aggression in Ukraine and the ongoing United States-China rivalry intensify, Southeast Asia will be hard-pressed to maintain peace and security. Despite their relatively small size, Cambodia and Laos are two countries whose political trajectories will shape regional outcomes. While Cambodia has consolidated domestic political power with dynamic economic expansion, Laos is looking like a regional laggard facing a deep debt crisis. As Cambodia moves forward, Laos is at risk of being left behind.

• OPINION

  Thailand's jab fiasco needs an inquiry

  Oped, Thitinan Pongsudhirak, Published on 16/07/2021

  » Thailand's vaccine rollout is evidently a complete shambles due to questionable procurement, supply shortage, and misallocation amid a deadly surge of the Covid-19 "Delta" variant. The situation has been going from bad to worse with no end in sight as a poorly conceived strategy unfolds into a national calamity. As public anger mounts with fast-spreading calls for Prime Minister Prayut Chan-o-cha's ouster, the Covid-19 pandemic is becoming Thailand's political game-changer more than anyone could have anticipated.

• OPINION

  Thailand's murky jab considerations

  Oped, Thitinan Pongsudhirak, Published on 08/01/2021

  » Thailand is off to an unpromising start in 2021. As the global coronavirus pandemic rolls into its second year, much of the country is gripped by a new wave of Covid-19 infections after nearly nine months of minimal cases. As case numbers have more than doubled in recent days, the fresh wave has revealed the gross incompetence and corruption among Thai authorities. More alarmingly, while other countries are seeing light at the end of the Covid-19 tunnel with expanding vaccination, Thai people's vaccine accessibility and affordability appear murky.

• OPINION

  Undue politicisation at finance and BoT

  Oped, Thitinan Pongsudhirak, Published on 03/07/2020

  » Thailand's economic growth projections continue to head south as the coronavirus crisis unfolds in the second half of the year. In its most recent forecast, the Bank of Thailand anticipates a sharp contraction of 8.1% this year, worse than the 5.3% it predicted in March. Downside macroeconomic risks are substantial as the Covid-19 pandemic could still degenerate and cause further global health and economic havoc. In this dire environment, Thailand will need steady and seasoned hands to oversee macroeconomic levers. Yet both the finance ministry portfolio and the BoT governorship now face uncertainty and potential politicisation that bode ill for effective and autonomous fiscal and monetary policies.

• OPINION

  Underpinnings of a Thai mass shooting

  News, Thitinan Pongsudhirak, Published on 14/02/2020

  » Thailand's worst apolitical mass shooting on a Buddhist holiday last weekend left a trail of deaths and injuries with one lasting question that will be hard to answer. As the country reels from the shocking tragedy and loss, the Thai government needed to respond by pulling the country together in a healing process, coming to terms with the situation and drawing the right conclusions to prevent this sort of mindless killing from ever taking place again. Instead, the authorities from the prime minister to the army commander-in-chief focused too much on themselves and failed to show sufficient empathy with the people and provide a way forward for Thai society.

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