Showing 1 - 10 of 84
Emerging markets stand strong
Oped, Kristalina Georgieva and Mohammed Al-Jadaan, Published on 12/02/2026
» It used to be that when advanced economies sneezed, emerging markets caught a cold. That is no longer true. Following recent global shocks, such as the post-pandemic inflation surge and a new wave of tariffs, emerging markets have held up well. Inflation has continued to slow, currencies have generally retained their value, and debt issuance costs have remained at manageable levels. There has been no sign of the kind of financial turbulence that came with past economic shocks.
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.
America's new age of empire dawns
Oped, Joseph E Stiglitz, Published on 13/01/2026
» US President Donald Trump has drawn a wave of criticism for his actions in Venezuela, violations of international law, disdain for longstanding norms, and threats against other countries -- not least allies like Denmark and Canada. Around the world, there is a palpable sense of uncertainty and foreboding. But it should already be obvious that things will not end well, neither for the United States nor the rest of the world.
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".
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.
No time to wait for Thai fiscal reform
Oped, Wichit Chantanusornsiri, Published on 17/09/2025
» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.
The two ways to satisfy Trump on trade
Oped, Chartchai Parasuk, Published on 10/07/2025
» I am terribly sorry for miscalculating the US's reciprocal tariff for Thailand at 35% in my previous article, when the actual rate imposed by Mr Trump on Monday was 36%.
Thailand's false sense of tariff security
Oped, Thitinan Pongsudhirak, Published on 30/05/2025
» Thailand is in deeper trouble among its peer group in view of United States President Donald Trump's tariff offensive. Yet senior Thai officials appear nonchalant, complacent and smug. They seem to think Thailand will come out of the US tariff war in good shape as the Trump administration will prove unable to go through with its hefty import duties. The domestic political battle between the US executive and judicial branch -- with the Court of International Trade's injunction this week on most of the Trump tariffs -- further adds to the absurd sense of security and false perception of Thailand's importance by Thai officials.
Where is US economic policy taking us this time?
Oped, Mohamed A. El-Erian, Published on 29/05/2025
» Although this year is not even half over, it is already likely to feature in history books as one of extreme policy-induced volatility -- not only in financial markets but also in terms of economic narratives and international relations. But where it will lead remains to be seen. Are we witnessing the fragmenting of the US domestic and international order, or just a bumpy ride towards a beneficial rewiring of both?
US fiscal state is everyone's issue
Oped, Paola Subacchi, Published on 28/05/2025
» As Donald Trump's "big, beautiful" tax bill heads to the US Senate, investors everywhere are growing increasingly uneasy. On May 16, the credit-rating agency Moody's downgraded US sovereign debt from its long-held triple-A status to Aa1 -- following similar decisions by Standard & Poor's (in 2011) and Fitch Ratings (2023). Given the sheer volume of US debt -- which now stands at $36 trillion, or 124% of GDP -- and rising interest costs, these institutions have concluded that US debt metrics are no longer in line with those of similarly rated sovereigns.