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Showing 1-7 of 7 results
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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?
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Crisis of faith is reaching a crescendo
Oped, Chairith Yonpiam, Published on 31/07/2021
» The harsh words by MC Chulcherm Yugala, a staunch royalist, against the Prayut Chan-o-cha government, denouncing its poor handling of the Covid-19 outbreak, have stunned political observers and supporters of the prime minister. Given his senior royal status, the prince's criticism has triggered wild speculation over a possible new prime minister endorsed by the palace.
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Italy tests lockdown; global cases near 110,000: Virus update
Published on 09/03/2020
» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.
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Late King's wishes for Thai children
News, Published on 12/01/2019
» As Thailand celebrates National Children's Day today, I wish to share my recollection of a memorable audience with His Majesty the late King Bhumibol Adulyadej and his profound message and wishes for the children of Thailand and the world. I had the great honour to meet the late king on Nov 12, 1998. I was then serving as Unicef's regional director for East Asia and the Pacific, based in Bangkok. The occasion of my audience with the late king at Chitralada Palace was to accompany visiting Unicef executive director Carol Bellamy. Also accompanying us was the late Thai foreign minister Surin Pitsuwan.
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Inflation policy changing?
Jon Fernquest, Published on 07/07/2011
» Long-term central bank inflation policy ensures that people's purchasing power is not eroded and exports remain competitive.
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Who will payoff 1997 crisis debt?
Jon Fernquest, Published on 01/12/2010
» Loan defaults mushroomed in 1997 and the government has to pay it all back now, but the central bank objects that monetary policy is its rightful job.
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Dealing with capital inflows into Thailand when the baht appreciates
Jon Fernquest, Published on 14/09/2010
» The US dollar is losing value (weakening, depreciating) while Asian currencies have been gaining value (strengthening, appreciating). This makes Asian exports more expensive which could have a negative effect on the Thai economy.
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