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  • OPINION

    Coronavirus economic blow will be long-lasting

    News, Chartchai Parasuk, Published on 13/02/2020

    » Even though the coronavirus outbreak isn't over yet, economists are already counting the damage. Research houses estimate that China's gross domestic product (GDP) growth in the first quarter of this year could be less than 4% -- a sharp drop from the usual 6%-plus growth rate. Of course, the economic impact won't be limited to China, as its GDP represents more than 20% of the world economy.

  • OPINION

    Why do I smell tom yum kung cooking?

    Oped, Chartchai Parasuk, Published on 10/08/2023

    » Readers who follow my bi-weekly economic column will have no doubt that the tom yum kung I am referring to is not a traditional Thai soup dish but the financial crisis of 1997.

  • OPINION

    New govt faces massive economic task

    News, Wichit Chantanusornsiri, Published on 30/05/2019

    » For the first time in five years, Thailand will soon be ruled by an elected coalition government. But the new administration, which is being formed by coalition allies, will not have any honeymoon period.

  • OPINION

    Economic case for investing in road safety

    News, Published on 20/09/2018

    » Despite considerable progress in traffic enforcement and medical care, the road crash mortality rate in Thailand remains high and has been increasing since 2009. More than 24,000 people lose their lives on the roads every year, and traffic injuries are a major public health burden for the country. The human toll and individual losses caused by this epidemic are clearly exposed by the media, and many organisations are actively advocating solutions for this important public concern.

  • OPINION

    Economic growth in 2022 no mean feat

    Oped, Chartchai Parasuk, Published on 10/02/2022

    » Most economic research houses, government and private, projected Thailand would see GDP growth of 3.5-4% this year. Even the Joint Standing Committee of Commerce, Industry, and Banking, an organisation representing Thai business entities, supported that range.

  • OPINION

    Boost long-term economic growth

    Editorial, Published on 10/09/2023

    » Prior to his speech in Parliament tomorrow, Prime Minister Srettha Thavisin's government has set an ambitious target of 5% annual GDP growth. That is a surmountable task judging from the fact that last year's GDP was 2.6%.

  • OPINION

    Understanding the mindset of green growth

    Oped, Published on 10/10/2023

    » Everyone needs a foil, and for many who are focused on climate and sustainability, economic growth -- capitalism -- is a convenient target. This is understandable. Economic expansion is the quintessential capitalist imperative, but infinite material growth on a finite planet is physically impossible. Hence the rise of "degrowth", "agrowth", "post-growth", and other concepts that have emerged to underpin seemingly sophisticated criticisms of the "standard" economic model.

  • OPINION

    Coups don't depress economic growth

    News, Tyler Cowen, Published on 19/07/2016

    » As the chaos in Turkey is starting to clear, investors are asking what the failed coup might mean for the country's economic future. The news stories show many conflicting elements in play, and right now it is hard to make specific verifiable claims about what the country can expect. We can, however, turn to the broader historical record, and that suggests failed coup attempts against democratic governments don't much lower subsequent rates of economic growth in those countries.

  • OPINION

    Will Putin's war slow China's economic growth?

    Oped, Published on 23/03/2022

    » On March 5, China announced a GDP growth target for this year of about 5.5%, the lowest target since 1991. But that should not come as a surprise. In 2013, World Bank economists and the Chinese State Council projected that China's annual growth rate would decline to 5% by 2030. This may still be an overestimate, given that growth rates during 2010-16 have been found to be inflated by 1.8 percentage points and that average growth in OECD economies is around 3%.

  • OPINION

    Economic growth breeds inequality

    News, Published on 13/12/2013

    » When the benefits of economic growth are distributed unequally, social bonds fray. Those losing ground, especially the young, may well grow disaffected, then resentful. This was a key factor behind the Arab Spring revolts; and, as protests in Chile, Brazil, Israel, Turkey, and India have shown, social tensions stemming from inequality are mounting around the globe.

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