The Puey Ungphakorn Research Institute, the Bank of Thailand, and the IMF are preparing to host the IMF-World Bank Group Annual Meeting.

Puey Ungphakorn Research Institute- The Bank of Thailand and the IMF held the “IMF Economic Review Conference 2026” to exchange knowledge and propose policy approaches to address the volatility of global trade and finance. They pointed out that emerging economies face challenges in a multipolar world and emphasized the need for structural changes rather than short-term economic policies.

The Puey Ungphakorn Economic Research Institute and the Bank of Thailand (BOT), in collaboration with the International Monetary Fund (IMF), organized a conference. “IMF Economic Review Conference 2026” On June 11–12, 2569, an event was held to promote knowledge exchange and link research to policy-making at the international level.

The meeting was held as part of an event. "Road to Thailand” In preparation for the 2569 IMF-World Bank Group Annual Meeting, which Thailand will host from October 12-18, 2569.

During the event, Professor Şebnem Kalemli-Özcan from Brown University gave a keynote lecture on the topic... “Economic Policies for a Globally Interdependent and Geopolitically Fragmented World” It was stated that, under the era of Globalization 2.0, where the global trade and financial systems are becoming more fragmented and protectionist policies are being used to create economic stability, while economic interconnectedness between countries helps countries better cope with fluctuations, it can also be used as a tool to create international pressure.

Therefore, policymakers should consider international economic interconnectedness to better assess the impact of various global economic factors and be aware of economic and trade policies that may backfire and harm their own countries (self-defeating), potentially leading to unforeseen consequences. Ultimately, geopolitical conflicts could result in prolonged high inflation, posing greater challenges for monetary policy in maintaining price stability and economic growth.

In addition, Dr. Piti Disyatat, Deputy Governor for Financial Stability at the Bank of Thailand (BOT), spoke at a policy seminar under the topic... "Policy in a World of Strategic Interdependence” Emerging economies are facing diverse challenges in a multipolar world. While these countries enjoy strong financial stability, their real economies remain vulnerable. Therefore, enhancing their economic potential and productivity requires structural changes rather than short-term economic policies.

Ms. Selena Ling, Chief EconomisteachThe head of research at Oversea-Chinese Banking Group stated that the world is not becoming less globalized, but rather the patterns have changed. Therefore, diversification of risk and the creation of buffers to cope with uncertainty are crucial. Policy making should prioritize sustainability and productivity issues and adopt a more proactive approach.

Albert F. Park, Chief Economist at the Asian Development Bank, stated that successful participation in global supply chains requires systemic support from trade and investment policies, as well as the development of domestic capabilities in labor skills, digital literacy, and business potential. Furthermore, Development Banks can play a crucial role by working with governments to drive long-term development.

Professor Danny Quah from the National University of Singapore stated that regional economic cooperation agreements such as the Regional Comprehensive and Progressive Agreement for Trans-Pacific Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could play a significant role in restoring a rules-based multilateral system and helping countries adapt and mitigate the effects of superpower competition.

In addition, the event featured the presentation of a total of 12 research papers covering a wide range of topics such as geopolitical issues and divisions in international economic relations, appropriate industrial policy, the causes and effects of sanctions, government defaults, and the role of fintech, among others.