· Sethaput Suthiwartnarueput Wiki · Bank of Thailand WikiChallenges facing small, open economies in the changing global landscape
Read full speech on bis.org ↗ContextSpeech at the Budapest Eurasia Forum 2022, hosted by the Hungarian central bank; the Bank of Thailand keeps prices and finance stable and faces a shifting global landscape.
Why it mattersThe Thai governor discusses how small open economies can adapt to reglobalisation.
Problems raised
- Global changes are fast and large.
- Trade and geopolitics are shifting.
- Small open economies are vulnerable.
Solutions proposed
- Build resilient supply chains.
- Adapt to reglobalisation.
- Strengthen buffers.