In fashion with the ASEAN neighbors, political parties in Thailand have been frivolously adopting populist campaigns.  Such wide spread scenario demands an extrapolation of the fiscal loopholes that enables exploitation of the system in favor of short-run political gains.  Occasional populist...

This paper portrays the non-sustainability of the Thai Social Security Pension Fund. Actuarial mathematics and mixed methods are used in the analysis. Inequity across generations arises from the risks encountered by the later generations of not being fully obtained their old-age benefits. The...