Showing 1-10 of 111 results
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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.
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Asian elections, democracy in 2024
Oped, Thitinan Pongsudhirak, Published on 29/12/2023
» Billed as the biggest election year ever as more than half of the global population goes to the polls, 2024 will be critical to the debate about democratisation and autocratisation. Asia will lead the way with elections in India, Bangladesh, Pakistan, and Indonesia, while the most recent polls in Myanmar and Thailand offer long-term lessons about democracy and dictatorship. The salient themes next year will be about the self-perpetuating tendencies of incumbent regimes and the resilience of democratic rule when authoritarianism seemed to have the upper hand.
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Thailand's semi-democracy faces risks
Oped, Thitinan Pongsudhirak, Published on 15/12/2023
» The government of Prime Minister and Finance Minister Srettha Thavisin has settled into an uneasy balance between the civilian-led majority forces that represent the Thai electorate and the royalist-conservative minority guardians of the established centres anchored around the monarchy, military, judiciary, and bureaucracy.
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Thailand's semi-democracy returns
Oped, Thitinan Pongsudhirak, Published on 01/12/2023
» The appointment of Gen Prayut Chan-o-cha as privy councillor has neatly bookended Thai politics over the past decade. It coincides with the 10-year anniversary of the street demonstrations that were led by the People's Democratic Reform Committee, paving the way for Gen Prayut to stage a military coup in May 2014. While the interim was a period of hard and soft military-authoritarian rule in 2014-19 and 2019-23, the new moving balance in Thai politics is a semi-democracy of sorts under the Pheu Thai Party-led coalition government.
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Thai charter court deserves scrutiny
Oped, Thitinan Pongsudhirak, Published on 04/08/2023
» Amid the volatility and confusion during the interim since the May 14 election, Thailand's Constitutional Court has further thickened the plot by accepting a petition to rule on whether a parliamentary vote using the meeting rules to deny the renomination of Move Forward Party leader Pita Limjaroenrat's premiership was unconstitutional.
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Thai political legitimacy in question
Oped, Thitinan Pongsudhirak, Published on 28/07/2023
» The ongoing distortion of election results and systematic subversion of the popular will in Thai politics raise questions of political legitimacy at home and abroad. By all accounts, the combined victory of the opposition Move Forward Party (MFP) and Pheu Thai appears unlikely to lead to their formation of a government. While many voters feel shortchanged by the power plays behind the scenes, what is happening to the MFP should behove the international community to draw a red line across which the eventual government outcome cannot be deemed democratically legitimate and credible in reflection of voter preferences.
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Only the young can change Thailand
Oped, Thitinan Pongsudhirak, Published on 09/06/2023
» If the past two decades of Thai politics has been about populism and colour-coded conflicts between the yellow-shirted pro-establishment forces against the red shirts aligned with ousted former prime minister Thaksin Shinawatra, the foreseeable future will likely be about structural reforms and a generational clash between the age-old established centres of power against young Thais who are rising up to determine their country's future directions. It is unsurprising that only younger Thais can change Thailand because their old compatriots have too much at stake and too many vested interests in the entrenched and deeply embedded status quo.
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Potential tricks and results in Thai poll
Oped, Thitinan Pongsudhirak, Published on 12/05/2023
» The fundamental risk in Thailand's election this Sunday is that ruling incumbents, spearheaded by coup-maker-cum-prime minister Prayut Chan-o-cha and underpinned by the powers-that-be, are headed for a big loss. Yet they are unlikely to go away without distortion, subversion, and confrontation, as has been the case in the recent past. Unless the poll results are clear and unassailable, it is likely that more funny business will be put in motion after the election.
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Prayut running down clock to aid UTN
Oped, Thitinan Pongsudhirak, Published on 03/03/2023
» There is something odd about Thailand's upcoming election. By all indications, it is slated to take place on May 7. Prime Minister Prayut Chan-o-cha has announced that he will soon dissolve the Lower House to set the poll in motion. But no such dissolution has yet been announced, while the end of parliament's four-year term falls on March 23. The ambiguous election-setting scene is portentous and telling for several reasons.
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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.
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