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OPINION

Govt may not have stimulus plan tools

News, Chartchai Parasuk, Published on 16/10/2025

» Nowadays, governments around the world sound like movie production houses. They always come up with catchy slogans for their policies, like Donald Trump's Big Beautiful Bill.

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OPINION

Making Cambodia pay for border row

Oped, Chartchai Parasuk, Published on 02/10/2025

» What I am covering today is a sensitive issue that all economic research houses, both government and private, avoid talking about. That is the economic impact of the border dispute between Thailand and Cambodia.

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OPINION

Trump's tariff trade war is no accident

Oped, Chartchai Parasuk, Published on 01/05/2025

» President Donald Trump's tariff policy has received numerous criticisms from various parties, including several Nobel Prize laureates, for being against the economic principles of free trade.

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OPINION

Data paints economy as 'black hole'

News, Chartchai Parasuk, Published on 12/12/2024

» I am known for being pessimistic about the Thai economy. Apart from encouraging official economic growth figures of 1.6% in Q1, 2.2% in Q2, and 3.0% in Q3, I do not think anyone can be optimistic about the economy. It is obvious that GDP data and the actual economic situation do not go hand in hand. It is beyond my comprehension that the non-performing loan (NPL) level rose 14.1% in Q3 while the economy expanded 3.0%. Shouldn't it be the opposite when debtor's income rises?

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OPINION

Thaksin's 'vision' might be outdated

News, Chartchai Parasuk, Published on 05/09/2024

» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.

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OPINION

Q2 GDP growth may be misleading

News, Chartchai Parasuk, Published on 22/08/2024

» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.

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OPINION

Digital wallet scheme poses credit risk

Oped, Chartchai Parasuk, Published on 25/07/2024

» During the debate on the extra-fiscal budget for 2024 of 1.22 billion baht to fund the digital wallet (DW) scheme, the government presented the bright side of the figurative coin. This article will present the dark side of the scheme.

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OPINION

Digital wallet scheme hits another snag

Oped, Chartchai Parasuk, Published on 13/06/2024

» The new financing problem of the 10,000-baht cash handout, commonly known as the Digital Wallet Scheme (DW), has not made much noise in the media. This may be because the government wants this to be a non-issue, but in reality, it is a serious one that could wreck the entire scheme.

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OPINION

A 4-win solution to the handout plan

News, Chartchai Parasuk, Published on 30/11/2023

» There could be a four-win solution to the 10,000-baht cash handout scheme.

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OPINION

Better options to govt's cash handout

Oped, Chartchai Parasuk, Published on 19/10/2023

» The 10,000-baht cash handout scheme has been under heavy criticism. More than 100 economists, led by two ex-Bank of Thailand governors, oppose the scheme that would bring more harm than good.