Fears of US-China Currency War and Flagging Global Growth Fuel Monetary Easing in EM
On 5 August, the Chinese currency finally broke the psychological threshold of 7 vs. USD. Later on the same day, the US State Department...
574 Views
BoT's MPC Reverses Its Policy Error from 7 Months Ago; More Easing Likely
The Bank of Thailand (BoT) cut its policy rate by 25bp on 7th August 2019, thus reversing its policy error from December 2018 (when it had raised...
503 Views
Prayuth Duly Retains the Prime Ministership; so There'll Be Stable but Modest Growth
Prime Minister Prayuth Chan-ocha formally retained his job, as expected, when all 250 members of the Senate (nominated by him and the erstwhile...
712 Views
Prayuth Accomplishes a Clear-Cut Victory, Assuring Stability (If Not Rapid Growth)
After 18 years, the Thai (military) establishment has finally tamed Thaksin Shinawatra in the 2019 election, the first one since 2001 in which a...
798 Views
Thailand: Elections Are Not Irrelevant; This One Too Pits Faster Growth Vs. Military "Stability"
Thailand remains the only Asian economy in which fixed investment spending has yet to return to the pre-AFC peak of 1996. The only years in which...
688 Views