Economic Recovery : PM Prayuth Needs to Embrace Internet Transparency In Digital Age

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Economic Recovery : PM Prayuth Needs to Embrace Internet Transparency In Digital Age
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Economic Recovery : PM Prayuth Needs to Embrace Internet Transparency In Digital Age

One of the major obstacles standing in the way of the country’s path towards economic recovery is the domestic political uncertainties which could affect consumer and investor confidence.

PM Prayuth’s residential case where the Constitutional Court ruled unanimously in favour of the prime minister, allowing him to remain in office is only going to add  fuel to fire in the ongoing political unrest.

Protesters are stepping up calls for reforms and PM Prayuth’s resignation, emboldened by the ruling that reconfirms their belief that the justice system, including the Constitutional Court, are biased towards the military-backed government. 

When the army took power in a bloodless coup six years ago, it promised to bring happiness back to the people and stamp out corruption which had plagued Thailand for decades; corruption conducted mainly by “civilian governments”.

Recent developments are however, creating more dialogues on how transparent and trustworthy is PM Prayuth’s military-backed government.

In view of a growing mistrust towards PM Prayuth and his military-backed government, where trust in governance is a crucial ingredient that is required to boost consumer and investor confidence, PM Prayuth must move towards shoring up the trust factor for economic recovery.

One way on how PM Prayuth can increase trust and deliver on his promise that he will eradicate corruption and reinforce his “clean hands and image” is by pushing for governance transparency through internet and digital technology.

Trust includes believing in the competence and honesty of the government. Trust in government and its agencies is regarded as an essential element in developed economies and societies and if institutions are not trusted by citizens , they cannot function optimally.

Internet transparency is seen by policy makers and experts as a must for enabling trust and ‘good governance’ reducing sentiments of low citizen trust, corruption, lower than average performance and power abuse by public officials. Continue Reading Below...

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It makes government officials perform better and prevents corruption.

Internet usage can enable the government to release huge amounts of information at a relatively low cost while the information can be readily accessed by the population. It can be argued that if government is perceived as being trustworthy, then people will comply more with the laws and regulations of the government, allows the economy to run smoothly and achieve economic growth.

Digital transparency in this instance is defined as the conducting of public affairs in the open and is subject to public scrutiny. Open data policies reveals the business of government to all, from government balance sheets to all policies to asset acquisition to budget allocations of each project and details of spending to the last satang.

The call for government’s transparency is only going to get louder and if PM Prayuth can deliver internet transparency governance as the next normal, it would go a long way in boosting the confidence of both domestic and foreign investors.