Somchai Jitsuchon EDUCATION: EMPLOYMENT HISTORY:

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1 Somchai Jitsuchon Home Address Office Address 105/2 Ramkhamhaeng Road Sapansoong, Bangkok, Thailand Tel [home] (662) Ramkhamhaeng Soi 39 (Thepleela) Wangthonglang, Bangkok, Thailand Tel [office] (662) ext 322 EDUCATION: March 1999 March 1987 October 1983 Ph.D. (Economics) The University of British Columbia, Vancouver, British Columbia Courses included: Macroeconomics, Microeconomics, Financial Economics, Econometrics, Mathematical Economics, Monetary Economics, Industrial Organization, International Trade and International Finance. M.A. Economics (English Program) Thammasat University, Bangkok, Thailand B.A. Economics (Honours) Thammasat University, Bangkok, Thailand EMPLOYMENT HISTORY: A. Long-term Employment 2000-present Research Director (Development Macroeconomics and Income Distribution), Thailand Development Research Institute Research Specialist, Thailand Development Research Institute. Constructed a CGE model for NESDB for the Plan 9th. Constructed an quarterly econometric model for Thai economy. Analyzed social and labor market impacts of the Thai financial crisis. Evaluated the effectiveness of various, government and external, funds aimed at helping the poor and targeted group affected by the financial crisis. Constructed alternative poverty lines to be used by TDRI. Analyzed and made recomnendations on payment systems pricing for the BOT Research Associate, Thailand Development Research Institute (TDRI), Bangkok, Thailand. Analyzed Thailand s income distribution, its changing over time and its decomposition into various sub-population. Analyzed Thailand s poverty profile and its changing over time. 1

2 Somchai Jitsuchon page 2 Took part in a construction of general equilibrium model that analyzed the impact of the introduction of value added tax (VAT) into the Thai tax system Presented a paper in TDRI s year-end conference on income distribution and poverty. The paper s results contributed to the emphasis of the problems in the next National Economic and Social Development Plan. Reviewed and analyzed past and ongoing government policy, both macroeconomic and microeconomic levels, on the alleviation of the country s poverty problem. Participated in developing a local area network (LAN) for TDRI. Organized and lectured to an intensive workshop in the construction of Social Accounting Matrices (SAM) and Computable General Equilibrium models (CGE) to participants from several key government agencies in Thailand. Assisted in setting up a Computable General Equilibrium model at the office of the National Economic and Social Development Board, Thailand. Appointed a sub-committee working on preparation of Thailand s Eight National Economic and Social Development Plan, which is the country s master plan for economic and social development. In that position, provided input from economic policy researches conducted at TDRI Research Assistant, Thailand Development Research Institute (TDRI), Bangkok, Thailand. Constructed several Social Accounting Matrices (SAM) to be use in a number of computable general equilibrium models (CGE). Calibrated the computable general equilibrium models for several economic policy purposes including macroeconomic forecasting, an analysis of the introduction of value added tax in Thailand, an analysis of the impact of the Gulf War and the temporary oil price fluctuation on Thai economy. The results from these calibrations were widely credited and quoted among Thai academics, politicians, and general public. Developed a computer program that retrieved data from several Social Economic Surveys (SES), which are large and complex surveys on Thailand s household income and expenditure. Analyzed data from several Labor Force Surveys (LFS), which are Thailand s major source of data on the functioning of labor market. B. Short-term Assignments: Special Lecturor, Macroeconomics for Executives, King Mongkut Technology Institute at Ladkrabang, Bangkok, Thailand Teaching Assistant, Department of Economics, the University of British Led discussions and provided tutorial to students of the Intermediate Microeconomics course Teaching Assistant, Department of Economics, the University of British

3 Somchai Jitsuchon page 3 Led discussions and provided tutorial to students of the Intermediate Microeconomics course Research Assistant, Department of Economics, the University of British Assisted Dr. Michael Deveruex in calibrating a model that explains fluctuations of real exchange rate between countries. Was successful in writing a more efficient computer program for solving linear approximation of non-linear economic models Research Assistant, Department of Agricultural Economics, the University of British Assisted Dr. James Vercammen in a research on price determination of farm land in Canada. Developed a computer program that solves option value of land when farm return and farm value series exhibit mean-reverting characteristic Research Assistant, Department of Economics, the University of British Assisted Dr. Makoto Saito on building and testing an econometric model using Generalized Autoregressive Conditional Heteroskedasticity (GARCH) Research Assistant, Department of Economics, the University of British Assisted Dr. Makoto Saito on analyzing relationships between economic growth, precautionary saving, and economic welfare among OECD countries. The research also involved econometric estimations by Generalized Method of Moments (GMM) Visiting Researcher, Economic Planning Agency, Tokyo, Japan. Participated in the Agency's comparative study of economic performance among some East and Southeast Asian countries. Producing a paper on overall performance of Thai economy in the past thirty years & 1991 Technical Assistant, Asian Development Bank, Vientiane, Laos. Assisted in the preparation of Laos Third National Economic and Social Development Plan. Reported directly at that position to the current Thailand s prime minister. The achievement included the construction of a macroeconomic model for Laotian economy Special lecturer, National Institute for Development and Administration (NIDA), Bangkok, Thailand. Instructed a special course on how to construct Social Account Matrices Intern, Social Action Party, Bangkok, Thailand. Participated in a design and conduct of a political survey on public opinion on the then upcoming Thailand s general election. OTHER ENGAGEMENTS: 2008-Present Director, Government Saving Bank Head, Working Group on Payment Pricing and Cost, Bank of Thailand Member, National Payment Committee, Bank of Thailand Member, National Economic Movement, Royal Thai Government

4 Somchai Jitsuchon page 4 SELECTED RESEARCH PAPERS and PUBLICATIONS: 1. Do World and Thai Economy really recovery: An Analysis and Forecast for Thailand for the year , (in Thai), research paper under a project Macroeconomic Surveillance and Analysis, TDRI, July, Thailand s Growth Rebalancing, with Chalongphob Sussangkarn, a paper presented to ADBI, Tokyo, June Capacity Building in Poverty Mapping in the ASEAN Member Countries, a training material for the project with the same title, ASIAN Institute of Technology, June Economic Shocks and Vulnerable in Thailand: A Case Study of Rising Food and Fuel Prices, research paper funded by the UN, January Debt and Saving Behavior Phase I, a research paper funded by the National Economic and Social Development Board, October Social and Economic Evaluative Indicators for Low-Income Housing Development, a research funded by the National Housing Authority, July Assessment of Macroeconomic Policies after the 2006 Political Reform, a research paper funded by the National Research Council, May Augmented Inflation Targeting Monetary Model for Capital Flows, Exchange Rate, and Policy Alternatives, a research paper funded by Bank of Thailand, April Ten Years After the East Asia Crisis : Lessons and Future Economic Perspective for Thailand. Journal of JBIC Institute, Vol. 36, pp , March Tackling Poverty: Liberalism, Populism or Welfare State, a paper presented at the 2007 TDRI Year-end Conference, November 11-12, 2007, Pattaya, Thailand 11. East Asian Regional Model-THAILAND Project, a research paper funded by the International Development Agency, Japan, Absolute Child Poverty in Thailand: A Comprehensive Study using Non-Income and Income Concepts, research paper for the UNICEF Thailan, April Thailand s Experience with Free Trade Agreements with Nuntaporn Methakunavut, a paper submitted to the Institute of Developing Economies, JETRO, Japan, March Thailand s Poverty Map: From Construction to Application, with Kaspar Ritcher, research paper submitted to the World Bank, Washington D.C., August Economic forecast for Thailand for the year 2005 and 2006, paper submitted to the International Development Economics, Japan, February Strategic plans for replacing cash payment with electronic payment means, research paper submitted to the Bank of Thailand, January, Economic Inequality and Social Conflicts: Theory, Experience, and Conflict Resolution, (in Thai), with Thida Intrachote and Chaiyasit Anuchitworawong, a paper presented at the 2005 TDRI Year-end Conference, November 26-27, 2005, Pattaya, Thailand. 18. Thailand s Macroeconomic Policy Reforms since the Economic Crisis, (in Thai), paper presented at the 2005 annual symposium by Faculty of Economics, Thammasat University, June, 2005.

5 Somchai Jitsuchon page Sources and Pro-Poorness of Thailand s Economic Growth, paper presented to the Senior Policy Seminar on Pro-Poor Growth and Scaling up Poverty Reduction in East Asia, May 18-19, 2005, Beijing, China. 20. Social Audit: Local Tools for Poverty Reduction and Local Empowerment in Thailand, research paper submitted to the United National Development Programmes, Bangkok, April, Small Area Estimation Poverty Map for Thailand, paper present for the seminar Mapping Poverty in Southeast Asia organized by SMERU and the Ford Foundation, Jakarta, Indonesia, 1-2 December Macroeconomic Development and Choices for the Future, (in Thai), paper presented at the 2004 TDRI Year-end Conference, Pattaya, November, Thailand s New Official Poverty Line, (with Jiraporn Phlangpraphan and Nanak Kakwani), paper submitted to the United National Development Programmes, Bangkok, Thailand, November Economic Impacts of Housing Investments, paper submitted to the National Housing Authority of Thailand, September Poverty, Economic Security and the Roles of Thai Governments, TDRI Quarterly Review, vol. 18, no. 4, pp , Enhancing Economic Security through Poverty Reduction: the Roles of Thai Governments, (in Thai), paper presented at the 2003 TDRI Year-end Conference, Pattay, November, A Framework for Public Service Agreement on Poverty Reduction Policies, (in Thai), paper submitted to the Bureau of Budget, Thailand, March Poverty, Economic Security and the Roles of Thai Governments, paper presented at the Symposium New Social Contracts for Human Security: Social and Economic Development for Human Security, organized by Naresuan University, Phitsanulok, November Assessing the Impact of Transport and Energy Infrastructure on Poverty Reduction: Thailand Case Study, paper submitted to ADB for the project Assessing the Impact of Transport and Energy Infrastructure on Poverty Reduction, October Public Sector Reforms and Poverty Reduction: The Experiences of Thailand, paper submitted to the World Bank under the WB/TDRI Poverty Reduction Partnership Phase 2, October Recent Development in Poverty, Risk-Sharing, Social Safety Nets and Chronic Poverty in Thailand, (with Vimut Vanitcharearnthum) paper submitted to the World Bank under the WB/TDRI Poverty Reduction Partnership Phase 2, October Macroeconomic Impacts of Foreign Labors in Thailand, research paper submitted to the National Security Commission, July, Income Distribution, Poverty: Problems and Policy Implications, paper submitted to the National Research Council of Thailand, May An Econometric Model for Analysing Impacts of Government Budget Allocation, (in Thai), paper submitted to the Bureau of Budget, Thailand, November Thailand s Economic Outlook for 2003, in Regional Economic Outlook 2003: Indonesia, Malaysia and Thailand, Institute of Southeast Asian Studies, Singapore.

6 Somchai Jitsuchon page Thailand s Economic Growth: A Fifty-Years Perspective ( ), paper submitted to the Global Development Network for the Global Research Project Explaining Growth. 37. Productivity Growth and International Trade in a Computable General Equilibrium Model, (with Nuntaporn Methakunavut), Thammasat Economics Journal, 20(2-3), June- September, 2002, pp An Inquiry into the Proper Measurement of Poverty in Thailand, paper presented at the 26 th FAEA Conference, Bangkok, Thailand, December, What is Poverty, and How to Measure it? a paper presented at the 2001 TDRI Year-end Conference, Pattaya, Thailand, November 2001 (in Thai). 40. Development and Poverty, a paper presented at the 2001 TDRI Year-end Conference, Pattaya, Thailand, November 2001 (in Thai). 41. A study on necessary conditions for partial deposit guarantee, (with Chalongphob Sussangkarn and Pakorn Vichayanond). research paper submitted to the Financial Institution Development Fund, October, Payment Income, Cost and Usage in Thailand, (with Tanai Khiaonarong), Quarterly Bulletin, Bank of Thailand, vol. 40, no. 4, December Payment Systems Pricing and Usage, A final report submitted to the Bank of Thailand for the project Payment Systems Pricing and Usage, July Alternative Approach to Poverty Measurement: An Experiment with Thai Data, TDRI Quarterly Review, Vol. 15 No.1, March A Large-scale CGE model for Thai Economy, paper submitted to the National Economic and Social Development Board, Bangkok, Thailand, How the Poor became poorer from the Economic Crisis, (with Tiansawang Thamvanich), paper presented at the 1999 annual meeting of Economics Association of Thailand, November (in Thai). 47. The prospect of Economic Recovery, in Social Impact Assessment, Natural Resource and Environment Program, TDRI, Social Impact of the Crisis, in Social Impact Assessment, Natural Resource and Environment Program, TDRI, Three Applications of Market Incompleteness and Market Imperfection, PhD dissertation, University of British Columbia, Vancouver, British Columbia, March "Optimal Human Capital Accumulation, a thesis prospectus, Department of Economics, University of British Columbia, Vancouver, British Columbia, 1996 (revision 1997). 51. "Precautionary Saving and Growth Experience: OECD Countries, with Makoto Saito, Working paper, Department of Economics, University of British Columbia, Vancouver, British Columbia, Retrospect and Prospect of Thailand's Economic Development, a research paper prepared for the Economic Planning Agency, Tokyo, Japan, The Rocky Road to Reform: Adjustment, Income Distribution, and Growth in the Developing World: Thailand, co-authored with Chalongphob Sussangkarn, a chapter in The Rocky Road to Reform: Adjustment, Income Distribution, and Growth in the Developing World, edited Lance Taylor, MIT Press, 1993.

7 Somchai Jitsuchon page "Alleviation of Rural Poverty in Thailand, Thailand Development Research Institute, "Thailand's Income Distribution and Poverty Profile and Their Current Situation, with Suganya Hutaserani, Thailand Development Research Institute, Bangkok, Thailand, "Sources and Trend of Income Distribution: Thailand 1975 to 1985, Master Thesis, Faculty of Economics, Thammasat University, Bangkok, Thailand, 1987.