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Search Result for “dollar”

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OPINION

Urgent push for fair climate finance

Oped, Sarinee Achavanuntakul, Published on 01/04/2026

» Ever more visible, the various impacts from climate change are eroding both Thailand's economic competitiveness and the livelihoods of its people: season by season, in heat waves that flatten productivity, floods that swallow farmland, and coastal erosion that is slowly reclaiming communities.

OPINION

Lesson from India to avoid the middle-income trap

Oped, Arvind Panagariya, Published on 18/03/2026

» Among Indian Prime Minister Narendra Modi's most ambitious goals is to transform his country into a developed economy by Aug 15, 2047 -- the centenary of Indian independence. Given India's growth record over the past two decades, the speed and scale of its infrastructure development in recent years, and the Modi government's willingness to enact large-scale economic reforms, India is likely to become one of the few developing countries to avoid the middle-income trap.

OPINION

Women can lead push for growth

Oped, Anisha Chugh, Laura Leonelli Morey & Teresa Zapeta Mendoza, Published on 09/03/2026

» Across the Global South, painful austerity measures such as benefit caps, pay freezes and subsidy cuts have followed donor governments' recent cuts to foreign aid. The policy pivot has had an especially dramatic impact on women -- costing them jobs, services and protections -- and is causing widespread economic hardship in many developing countries.

OPINION

Risk of crisis growing more acute

Oped, Chartchai Parasuk, Published on 05/03/2026

» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.

OPINION

AI will transform business, not just our jobs

Oped, Diane Coyle, Published on 25/02/2026

» Many people fear that AI could cause a "job-pocalypse". This year's Davos gathering sounded the alarm over the technology's implications for employment, while recent announcements about job cuts in white-collar industries are widely viewed as straws in the wind.

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

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

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.

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

Peace board price tag

Oped, Editorial, Published on 21/01/2026

» Thailand has received an invitation from US President Donald Trump to join his newly proposed "Board of Peace", an organisation ostensibly aimed at overseeing the reconstruction and peace process in Gaza following more than two years of devastating conflict.