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Search Result for “currency crisis”

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OPINION

The gist of Thai politics over 20 years

Oped, Thitinan Pongsudhirak, Published on 20/02/2026

» Thailand's democratic institutions have been repressed and kept weak to the point that confusion still prevails almost two weeks after the Feb 8 election, which purportedly showed a clear victory for the ruling Bhumjaithai (BJT) Party under Prime Minister Anutin Charnvirakul. On the one hand, Mr Anutin and BJT stalwarts are busy forming a coalition government with other parties. On the other hand, fraud allegations from civil society groups and the opposition People's Party have reached a critical mass with the plausibility that the recent vote might be nullified to pave the way for a new poll.

OPINION

Fiscal deficit will trigger 2026 crisis

Oped, Chartchai Parasuk, Published on 19/02/2026

» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).

OPINION

Japan's Takaichi wins strong new mandate

Oped, John J. Metzler, Published on 19/02/2026

» A political Tsunami swept across Japan as recent national elections delivered a resounding victory for the incumbent party and its maverick leader, Sanae Takaichi. Though the outcome was assumed, her stunning triumph in the Feb 8 election was unexpected.

OPINION

EC is losing public trust

Oped, Editorial, Published on 18/02/2026

» If any good has come from the performance of the Election Commission (EC) following the Feb 8 election, it is this: the organisation has exposed the top-down "mandarin" culture of the Thai bureaucracy, where officials act as regulators of the people rather than their servants.

OPINION

Could a Brics currency rival the dollar?

Oped, Jim O'Neill, Published on 18/02/2026

» Could the Brics (Brazil, Russia, India, China, South Africa) ever launch a shared currency to challenge the US dollar's dominant position in the world economy? Like many conventional international economists, I have generally dismissed the idea, despite my own role in coining the Brics acronym, which led to the creation of a formal Brics club (since expanded into the Brics+, with the addition of five new members).

OPINION

Surviving the collapse of the population

Oped, Gwynne Dyer, Published on 13/02/2026

» 'To them that hath shall [more] be given" is generally a reliable guide, especially in economic matters, but it doesn't work if the beneficiaries are too stupid to take advantage of the gift. The scarce and precious commodity in this case being people, who are in increasingly short supply.

OPINION

Election Commission under new pressure

Oped, Editorial, Published on 12/02/2026

» As accusations of vote-counting irregularities mount, the Election Commission (EC) is encountering a crisis of confidence amid fading levels of public trust.

OPINION

Reinvent Thailand to revive growth

Oped, Boonwara Sumano, Published on 11/02/2026

» In the 1990s, Thailand ranked second in Asean for state performance, behind only Singapore. Today, we trail several neighbours. This decline has unfolded gradually over three decades -- through repeated economic crises, institutional stagnation, and reforms that never quite went far enough. What is different today is that the cost of inaction has become far more dangerous.

OPINION

Rethinking global health finance

Oped, Walter O Ochieng & Tom Achoki, Published on 06/02/2026

» For the past half-century, the economics of global health were straightforward. Under the so-called "grant-based" approach, rich countries donate to poor countries, which use the funds to meet their populations' health needs. Success was measured by services provided or lives saved, rather than by balance sheets. While this model was far from perfect, the latest approach replacing it -- focused on using tools like guarantees and blended finance to crowd in private capital -- threatens to produce even worse outcomes.

OPINION

In an uncertain world, gold is a comfort

Oped, Chartchai Parasuk, Published on 05/02/2026

» With Thai citizens heading to the polls this Sunday to decide which party will form the next government, I have decided to postpone my article on the economic crisis for another two weeks.