Prof. Pasuk Phongpaichit and Dr. Chris Baker win Fukuoka Grand Prize

Grand Prize 2017 [28th] Pasuk PHONGPAICHIT & Chris BAKER Economist [ Professor of Economics, Chulalongkorn University ] Thailand / Economics Born February 11 1946 (aged 71) Historian [ Independent scholar ] U.K. / History Born January 3 1948 (aged 69) Prof. Pasuk Phongpaichit and Dr. Chris Baker are the worthy recipients of the Grand Prize of the Fukuoka Prize, because of their multidisciplinary and comprehensive analysis of the social changes which Thailand has experienced since the period of rapid economic growth in the 1980s, an analysis based on a combination of Western and Eastern intellectual approaches, and of methodologies from…

Shadow Banking in South-East Asia Lim Mah Hui

Significance Shadow banking was responsible for triggering the recent financial crisis in 2007. Since then the growth of shadow banking worldwide, after falling briefly post crisis, has risen to $71 trillion at end of 2012, representing half of global total banking assets and 117% of GDP. Shadow banking is critical because while it represents an alternative source of financing, it also increases systemic risks to the financial system. While regulators have been busy putting in place more regulations for the formal banking sector, not as much has been done for the shadow banking sector. In fact, one main reason for…

Changing Guard at the IMF? Jayati Ghosh

Christine Lagarde has been busy this June. The French Foreign Minister and European Union candidate for the top job at the International Monetary Fund has been visiting the capitals of ''important'' emerging countries - Brazil, India, China, Russia – to drum up support for her candidacy. For their part, governments in these and other developing countries, after an initial show of being united in irritation at the blatant attempts by Europe to keep control over this slot, have been too wary of each other to agree on a common candidate, at least thus far. The only declared candidate from a…

The ‘Voter’s Uprising’ that is Changing Perceptions in Thailand Junya Yimprasert

Offering a detailed account of the background to the present political crisis in Thailand, this article argues that Thai people can prevent themselves from becoming a failed state only by reversing the custom of allowing the state bureaucracy to exploit the institutions of monarchy for the purpose of legitimising suppression. Further, for ensuring sustainable development, the emphasis in Thai politics must be on making sure that the demands of the new urban classes are satisfied without further undermining the livelihoods and lifestyles of the agrarian community upon which the future of Thailand depends. It should also be recognized that the…

Thailand: The economic background to political crisis C.P. Chandrasekhar and Jayati Ghosh

The ongoing political crisis in Thailand reflects wider economic processes and it could even be argued that the economic underpinnings of this political crisis are the more significant forces propelling the actions of the anti-government protestors. In fact, this kind of political struggle, which is more about addressing basic issues of economic and political democratisation, may become widespread in countries where similar economic patterns are in evidence. Thailand (Download the full text in PDF format)

Asian Regional Workshop on Free Trade Agreements: Towards inclusive Trade Policies in Post-Crisis Asia Organised by IDEAs; Good Governance for Social Development and the Environment Institute (GSEI); and International Institute for Trade and Development (ITD)

Click for the Workshop Report The trend towards regional integration in Asia that began in the aftermath of the Asian financial crisis has gained greater momentum in the recent years. Until the proliferation of FTAs, regional integration in Asia was predominantly market-led because of the MNC-driven regional production networks in the manufacturing sector, and involved only the East and Southeast Asian countries. However, since the early part of this decade following the disappointments with multilateral trade negotiations at the WTO, Asian integration processes have been led by the market-friendly governments and domestic private sectors within the region, and driven by export…

International Conference on ” A Decade After: Recovery and Adjustment since the East Asian Crisis” Organised by International Development Economics Associates (IDEAs), Global Sustainability and Environment Institute (GSEI), Action Aid and Focus on the Global South at Bangkok Thailand , July 12-14, 2007.

July 2007 marks the completion of a decade since the onset of the financial crises in several East Asian Countries. The crisis of 1997, whose effects are still visible, focused attention on the dangers associated with a world dominated by fluid finance. It brought home the fact that financial liberalisation can result in crises even in so-called ‘miracle economies’. In fact the crisis marked the waning of the "East Asian miracle", which could be described as the third major process in the post-war period (after the initial success of import-substituting growth and the oil price hikes of the 1970s) that…

The 2nd Workshop on ‘ASEAN Expert Collaboration for FTA Negotiations with the United States’ Organised by IDEAs at Thailand, Bangkok, 3-4 August, 2006.

Organized by: International Development Economics Associates (IDEAs) (http://www.networkideas.org) The Good Governance for Social Development and the Environmental Institute (GSEI), Bangkok Thailand Research Fund (TRF), Bangkok Institute of Asian Studies, Chulalongkorn University, Bangkok WWF-Thailand The 2nd Workshop on 'ASEAN Expert Collaboration for FTA Negotiations with the United States' was held in Bangkok during 3-4 August, 2006, against the backdrop of Thailand's proposed bilateral free trade agreement (FTA) with the US. This was the second in a series meant to provide a cooperative forum for strengthening the analytical capacity of ASEAN academics in FTA negotiations with the US, and also to provide research…

  • 1
  • 2