Minimum wage – a blessing or a curse?

MAX NEU & KWANKAMON THANADKAH “Thailand is a splendid candidate for applying automatisation to minimum wage increases.” The minimum wage is, and has been, a controversial topic among economic experts and the public.On one side of the spectrum, neoclassical economists claim it is counterproductive in terms of employment as it increases employers’ overheads and serves […]

Quality over quantity will lift tourism image

Khanitha Pakinamhang Tourism has long been an important source of revenue for Thailand. Last year, there were approximately 35 million visitors to Thailand, generating total income of around 1.8 trillion baht, according to the Ministry of Tourism and Sports. Unfortunately, in recent years Thailand’s tourism industry has been affected by what is dubbed as “poor […]

The curious case of cabbies refusing fares

 CHONLAVIT PANPAKDEEDISKUL PORNPIMOL TINANOI Drivers’ refusal to take passengers is the main problem with taxi services in Bangkok, accounting for 40% of all complaints statistics collected by the Department of Land Transport (DLT). Reasons given for the refusal to provide the service vary – from the need to refuel the car to the necessity to change the shift, and from traffic congestion avoidance to the drivers’ unfamiliarity with the route towards passengers’ destination. Another reason arises from the reward-cost structure. The Thailand Development […]

How to succeed in the age of AI

NUTHASID RUKKIATWONG KOTCHAKORN KHWAMCHAREON Recent waves of technological innovation will have a deep impact on the labour market due to their rapidly expanding ability to perform human tasks and the declining cost of implementing them. Some of the most disruptive advances occur in the field of artificial intelligence (AI), where machines learn to perform tasks […]

Farm loans: Stepping stone or trap?

  NONARIT BISONYABUT PONTAKORN VORAPAMORN SARANCHANA THITISAWAN PORNPAWEE LEERAPONGKUL It is widely accepted that farmers’ access to financial resources is one of the key success factors to promote agricultural development. In fact, the Thai government has established many specialised financial institutions to serve such a purpose. The basic idea is to grant loans to farmers […]

US-China trade war may benefit Thailand long term

KIRIDA BHAOPICHITR PUNPREECHA BHUTHONG KITTIPHAT BUAUBOL As a small, open economy, Thailand stands to be affected by global economic developments. The recovery of the US economy, with higher interest rates and bond yield rates, has an impact on capital flows and the Thai baht exchange rate. The rise in global oil prices from geopolitical tensions […]

Financing adaptation and building resilience: Lessons from innovative finding research in Africa and Asia

  Session ID:S142 Financing adaptation and building resilience: Lessons from innovative finding research in Africa and Asia Chair and coordinator:  Nipon Poapongsakorn, Thailand Development Research Institute, Thailand. Rapporteur: Jonas Fleer, Frankfurt School of Finance and Management, Germany. Sponsor Organization: IDRC. Presentation number 1 Presenter (name and affiliation) Aileen V. Lapitan / University of the Philippines […]

Using technology to fill the gap in welfare delivery

Bonnwara Sumano & Suttipong Kanakanorn The threat of digitally disruptive technologies has caused many people to grow concerned as they fret about disappearing jobs due to greater automation and advanced technology replacing humans on factory floors, in offices and elsewhere. But such technology can also work wonders to improve the country’s welfare delivery system. Better […]

‘Education sandbox’: Reforming the way to reform

Nicha Pittayapongsakorn Public education is sensitive to policy interventions, often with unintended consequences. Some changes such as an increase in teacher rewards or a tweak in curriculum design can cause a long-lasting effect on how schools operate, how teachers teach and ultimately how students learn. The Thai education system is under pressure not only to […]

YSEALI Critical Thinking in Classrooms Regional Workshop

Nattanan Ammarananthasak Supported by the U.S. Embassy Bangkok, the Asia Foundation held a regional workshop “YSEALI Critical Thinking in Classrooms” which brought together 60 participants from ASEAN countries to spend 6 days in Bangkok learning about integrating critical thinking skills in classrooms, education gaps, social challenges, disinformation, and fake news. Sharing the mission of improving […]

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