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Asia in Review (AiR)
Online panel discussion on law and politics in Southeast Asia - Thailand after the Lockdown II: The Financial & Economic Outlook

The second online panel discussion co-organized by the Center of Excellence for Public Policy and Good Governance (CPG), the Asian Governance Foundation (AGF) and the Hanns Seidel Foundation (HSF) was held on 24 September 2020 on the topic “Thailand after the Lockdown II: The Financial & Economic Outlook.” The participants both Thai and foreigners were all welcomed to join the conversation, ask questions and exchange their opinions with the experts in order to further knowledge and explore solutions for Thai economy together.

HSF

On Thursday, 24th September 2020, 4 p.m. – 6.30 p.m., the German – Southeast Asian Center of Excellence for Public Policy and Good Governance (CPG), with the cooperation between the Asian Governance Foundation (AGF) and the Hanns Seidel Foundation (HSF), Thailand, organized the online panel discussion on the topic “Thailand after the Lockdown II: The Financial & Economic Outlook.” This is the second event in the series Asia in Review (AiR) online panel discussion on law and politics in Southeast Asia which is initiated by the CPG and co-organized by the HSF. The event will be broadcast live on the CPG’s facebook page.

The lecturers of this event consisted of Thai experts in economics and finance and professors from Thammasat University and Chulalongkorn University: Dr. Pisit Puapan, the Executive Director of Macroeconomic Policy Bureau, Fiscal Policy Office and Mr. Theerat Attanavanich, the Adviser on Bond Market, Public Debt Management Office from Ministry of Finance, Mr. Kobsidthi Silpachai, the Head of Capital Markets Research, Kasikorn Bank, Asst. Prof. Dr. Nessara Sukpanich from the faculty of Economics, Thammasat University and Asst. Prof. Dr. Jessica Vechbanyongratana, from the faculty of Economics, Chulalongkorn University, and Collaborating Centre for Labour Research, Chulalongkorn University (CU-ColLaR).

During the discussion, Dr. Axel Neubert, the Resident Representative of Hanns Seidel Foundation Thailand/Laos emphasized the importance of participation in this online discussion through social media. As the consequence of the Covid-19 pandemic, Thai people’s way of life has been affected in many aspects; for example, the way of buying food and the prohibition from travelling to other countries. It leads to a great impact on Thailand as economy is predicted by the government to shrink by at least 8% this year. More than eight million of Thai people may lose their jobs or income in 2020. It will be a long-term challenge that Thailand is going to face.

This online event would discuss on these subjects. It focused on financial and economic impacts of the crisis that has already happened, and that experts expect for the latter half of the year. Moreover, experts would also give policy recommendations which would speed the recovery as well as share their opinions and observation about economic sustainability.

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