Richard Yarrow is a fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School in Cambridge, Massachusetts, and author of "Thailand's Economic Dilemmas in Post-Pandemic Asia."
Yet prime minister also has good cause to use fiscal policy to boost growth


Bank of Thailand Gov. Sethaput Suthiwartnarueput in Bangkok in February: The central bank's policy rate is now 2.5%, the highest level since 2013. (Photo by Hiroki Endo)
Richard Yarrow is a fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School in Cambridge, Massachusetts, and author of "Thailand's Economic Dilemmas in Post-Pandemic Asia."