Showing 1-10 of 450 results
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Global South's climate leadership
Oped, Published on 26/03/2024
» Last month, the International Energy Agency's ministerial gathering took place in Paris, while the African Union, which recently joined the G20, held its annual summit in Addis Ababa. Both fora recognised the urgent need to fulfil the commitments made at last December's United Nations Climate Change Conference (COP28) in Dubai, not least to triple installed renewable-energy capacity by 2030. But the challenges ahead are substantial.
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Structural flaws impede our economy
Oped, Chartchai Parasuk, Published on 21/03/2024
» It took Japan 17 years to learn that a macroeconomic policy is for stabilising an economy, not stimulating growth. Due to low economic growth in the "lost decade" following the financial crisis in the autumn of 1997, the Bank of Japan adopted an unthinkable monetary policy of a negative interest rate in 2007 by pushing the short-term policy rate down to -0.1%.
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More affordable climate finance
Oped, Published on 14/03/2024
» Emerging-market and developing economies (EMDEs) will need an estimated US$2.4 trillion (86 trillion baht) in climate investment annually to meet climate goals, according to the Independent High-Level Expert Group on Climate Finance, with $1 trillion coming from external sources. Achieving the United Nations Sustainable Development Goals (SDGs) will require even more financing: an increase of $3.5 trillion in new investments annually by 2030. These are daunting figures. But they are also non-negotiable.
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Time to ease Thai bond market rules
Oped, Published on 14/02/2024
» The Thai bond market, with massive valuations surpassing 16.7 trillion baht as of the end of the third quarter of 2023 and continuous prospective growth, is a crucial mechanism in the capital market and the Thai economy. Net market value could rise by over 386 million baht per year if legal restrictions on bond trading are unlocked.
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Soft or hard landing for Thai economy?
News, Chartchai Parasuk, Published on 08/02/2024
» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!
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A new policy agenda for Asia
Oped, Published on 01/02/2024
» The global economic landscape is changing fast. Scarring from the Covid-19 pandemic has weakened potential growth, making slower income gains the new normal for many countries.
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Soft landing likely for this dragon year
Oped, Published on 31/01/2024
» The Year of the Dragon brings with it the expectation that the direction of the global economy will be better than that of 2023. Despite earlier concerns about a sharp global economic downturn, recent developments suggest a soft landing for 2024.
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Is AI a threat to public sector jobs?
Oped, Published on 30/01/2024
» In the fast-paced shift towards a digital future, the question for the Association of Southeast Asian Nations (Asean) is whether artificial intelligence (AI) will bring new opportunities or pose serious threats to jobs in the public sector.
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Lower-income nations' jab lessons
Oped, Published on 24/01/2024
» There was a global sigh of relief when the World Health Organization (WHO) declared in May 2023 that Covid-19 was no longer a public-health emergency of international concern. But there is no room for complacency. The pandemic has represented an urgent warning about weak health systems and has served as an impetus to strengthen them ahead of a possible new variant or the emergence of a new pathogen.
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Global rate-cut debate unfolding
News, Daniel Moss, Published on 19/01/2024
» From villains to heroes. If there's one theme that has dominated markets in the opening days of the year, it's been breathless speculation about which central bank will cut interest rates first and by how much: It's no longer if but when. There's little doubt that borrowing costs will be lower in many key economies well before the end of 2024. Even the notoriously hawkish Bundesbank is on board.
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