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Search Result for “deficit”

Showing 1 - 10 of 267

OPINION

Our tariff-era dollar, your problem

Oped, Qiyuan Xu, Published on 04/02/2026

» In 2025, the dollar index, which measures the greenback's strength against a basket of major currencies, fell by roughly 9.4%. Over the same period, the United States' average effective tariff rate rose by around 14.4 percentage points, from 2.4% to 16.8%, according to the Yale Budget Lab. Taken together, these shifts imply that, in the import trade domain, the US experienced an effective exchange-rate depreciation of around 24%.

OPINION

Thailand must manage debt to progress

Oped, Chartchai Parasuk, Published on 22/01/2026

» This article may be read as a continuation of my previous piece, Year of the Debt. That article focused mainly on household debt, which has already risen beyond the ability of Thai consumers to repay.

OPINION

Brazil's bold industrial turn is a gamble

Oped, Jayati Ghosh, Published on 25/12/2025

» For many in the developing world, Brazil is a rare beacon of hope in an otherwise bleak global landscape. Along with his South African counterpart, Cyril Ramaphosa, President Luiz Inácio Lula da Silva is among the few world leaders who have stood up to US President Donald Trump with dignity and a measure of success.

OPINION

Three shocks that shook us in 2025

Oped, Yanis Varoufakis, Published on 24/12/2025

» This was the year that the remaining pillars of the late-20th-century order were shattered, exposing the hollow core of what passed for a global system. Three blows sufficed.

OPINION

Vax misinformation

Postbag, Published on 22/12/2025

» Re: "Silent on autism", (PostBag, Dec 8).

OPINION

Trade conflicts destroy the planet

Oped, Qiyuan Xu, Published on 12/12/2025

» Tariff wars are often justified as necessary to protect or reshore manufacturing jobs and to improve national security. But, according to new research, these conflicts produce another outcome that is largely overlooked: pollution. When global supply chains are forced into inefficient detours, carbon dioxide emissions rise.

OPINION

Trump's doubling of tariffs is hitting India hard

Oped, Shashi Tharoor, Published on 05/12/2025

» US President Donald Trump's doubling of tariffs on a wide range of Indian goods, from a steep 25% to a catastrophic 50%, is reshaping India's export economy. Half of what India sells to the United States -- its largest trading partner -- is now prohibitively expensive, and ordinary Indians are suffering as a result.

OPINION

India seeks strong growth as key tests loom

Oped, Anne O Krueger, Published on 02/12/2025

» In the aftermath of World War II, the end of colonial rule produced a wave of newly independent -- and mostly poor -- countries, which were labelled "developing economies".

OPINION

VAT hikes alone won't narrow deficit

Oped, Chartchai Parasuk, Published on 27/11/2025

» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.

OPINION

Reform retirement

Oped, Editorial, Published on 05/11/2025

» Many governments have toyed with the idea of extending the retirement age for civil servants, following the footsteps of Western countries. Yet, none has treated it as seriously as the current administration.