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Power, markets, and strategy in a changing global order

· Vitai Ratanakorn, Governor of the Bank of Thailand (Thailand)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, financial stability, trade, fragmentation and geopolitics

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· Vitai Ratanakorn Wiki · Bank of Thailand WikiPower, markets, and strategy in a changing global order

ContextOpening remarks by Vitai Ratanakorn, Governor of the Bank of Thailand, at the International Monetary Fund Economic Review Conference “Power, markets, and strategy in a changing global order”, Bangkok, 11 June 2026.

Why it mattersOpening an IMF conference in Bangkok, Thailand's Governor speaks for developing Asia, exposed to conflicts and fragmentation.

Problems raised
  1. Conflicts disrupt trade, investment and prices.
  2. The world is increasingly fragmented and uncertain.
  3. Developing Asian economies are exposed to these shocks.
Solutions proposed
  1. Keep openness and international cooperation.
  2. Strengthen resilience of people and businesses.
  3. Foster global dialogue through research conferences.
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