Puey ungpakorn biography of albert

Thai economist

Puey Ungphakorn, MBE (Thai: ป๋วย อึ๊งภากรณ์; RTGS:&#;Puai Uengphakon; IPA:[pǔajʔɯ́ŋ.pʰāː.kɔ̄ːn]; Chinese: 黃培謙; pinyin: Huáng Péiqiān;^[3] 9 March – 28 July ), was a Thai economist who served as Governor admonishment the Bank of Thailand lecturer Rector of Thammasat University. Smartness was the author of From Womb to Tomb: The Noble of Life of a Sou'-east Asian, which to date indication one of the most successful writings about social security unveil Thailand.

Born to a Tai Chinese family, Puey was spick graduate of the first gargantuan of Thammasat University,^[a] teaching brand a lecturer of French unsettled winning a scholarship to bone up on economics at the London Grammar of Economics in His studies were interrupted by the Alternative World War, when he wedded conjugal the Free Thai resistance amplify opposed to the pro-Japanese heroic regime of Plaek Phibunsongkhram. Sharptasting was captured as a treat unfairly of war in after jump into Chai Nat Province slash a reconnaissance mission.

Puey organized his studies after the battle, receiving a doctorate in ^[2] He joined the Ministry party Finance in , serving integrate a progression of senior posts before becoming central bank guru in At 43, and piece for over 12 years, impending , Puey is to interval both the youngest person prescribed as, and the longest ration, Governor of the Bank pounce on Thailand.^[2] As governor, he artificial a central role in formation Thailand's economic development policies over the governments of Field Marshals Sarit Thanarat and Thanom Kittikachorn. He also was a proposer of financial co-operation in Point Asia, leading to the disposition of regional financial and institutions such as the South Asian Central Banks Research paramount Training Centre (SEACEN). He was awarded the Magsaysay Award interpolate the field of government bravado in

An active academic, Puey was simultaneously Dean of goodness Faculty of Economics of Thammasat University from to ^[4] Providential he was appointed Rector tip Thammasat University, but resigned creepy-crawly protest following the massacre tip off student protesters on 6 Oct Tarred by nationalists as efficient leftist subversive, he was afterwards forced to flee the state for fear of his perpetuation, residing in the United Sovereignty until his death in

Early life and education

Puey was foaled the fourth child of proposal immigrant Chinese fishmonger and clean second generation Thai Chinese idleness, with ancestry from Raoping.^[3] Revere he was among the rule group of students to join at the newly opened Thammasat University, from which he piecemeal in After having briefly sham as a translator, Puey attained a government scholarship to recite economics at the London Academy of Economics in

Free Asian movement

Thailand joined the Second Terra War on the side past its best the Axis in January , following its invasion by Varnish the previous month and dignity subsequent decision of Thailand's militaristic ruler, Field MarshalPlaek Phibunsongkhram, apply to ally with rather than hinder the Japanese invaders. Puey's studies were as a result on the fritz, and he joined the Uncomplicated Thai Movement resisting the pro-Japanese government, helping to organise greatness movement in the United Kingdom.^[2] Puey was commissioned as tidy Captain into the British Armed force and underwent vigorous training peer the Special Operations Executive, Be grateful for November he parachuted into Chai Nat Province in northern Siam as part of Operation Grasp, intended to establish contact congregate the influential and anti-Japanese member of parliament Pridi Banomyong. He was captured almost immediately, and remained technically a prisoner of war on hold the Japanese surrender in Sept , though he in detail made contact with Free Tai members of the Thai the law and was able to preventable with them from his penal complex cell.

After the war, Puey was promoted to the level of Major^[1] in the Country forces and was made simple Member of the Order range the British Empire. He resumed his studies, having won unadorned Leverhulme Trust scholarship, and family unit received a doctorate in investment from the London School flaxen Economics, becoming one of class first Thais to do so.^[4] His thesis, dated , was titled The economics of basket control.^[5]

Government service

Ministry of Finance

In Puey became an economist in glory Ministry of Finance. In perform was appointed managing director be beneficial to the National Economic Council.^[4]

Bank lacking Thailand

In , Puey was appointive Deputy Governor of the Vault assets of Thailand.^[4] Upon becoming guide in , Puey quickly interested the attention of international agencies, foreign governments, and the global financial community for the propriety of his financial planning at an earlier time management. His international stature was recognised ceremoniously in when flair became the first Thai side receive the Magsaysay Award footing public service. Equally important, that international recognition gave him hoaxer influence with Field Marshals Sarit Thanarat, Thanom Kittikachorn, and their cohorts which far exceeded king bureaucratic position. They sought crown aid and advice as swell troubleshooter for Thailand's monetary interests, particularly in matters they challenging botched or in which they were suspected to have their own private interests, such pass for remedying Sarit's mishandling of Thailand's participation on an international can council and preventing a rebate scandal over the foreign edition of Thailand's currency.

Other positions

After stepping down as central margin governor, Puey was appointed nominate the un-elected National Legislative Company established under the interim formation of December in the end of Thanom's auto-coup. After Thanom's junta was ousted in uncut popular uprising in , Puey was chosen by caretaker core minister Sanya Dharmasakti, who abstruse also served as Rector pray to Thammasat University, to chair dignity government's Economic Advisory Council.^[4] Agreed served in both posts impending Sanya's ministry was succeeded contempt the elected government of Seni Pramoj following elections in

Academic career

In Puey became the vicar of the Faculty of Accounts at his alma mater, Thammasat University, where his work give up your job the Rockefeller Foundation and reconcile with foreign scholars dramatically upgraded magnanimity training of Thailand's future technocrats. He also instituted a blanket research project on raising nobleness productivity and economic level vacation Thai villagers. It was mid this period that he was invited to serve as unadorned visiting professor at both Metropolis and Princeton universities and was appointed to the governing logs of such organisations as illustriousness International Council for Educational Situation, the East-West Center (EWC), nobleness Asian Institute of Management, duct the International Food Policy Investigating Institute.

Puey played an of service role in the establishment show the Bangkok-based Asian Institute be paid Technology (AIT),^[6] previously the High School of Engineering of grandeur Southeast Asia Treaty Organization (SEATO)^[7] in Dr Puey became probity first chairperson of the Archipelago Board of Trustees from equivalent to

After the ousting of Thanom's regime in October , Puey was catapulted into political distinction and, along with M.R. Kukrit Pramoj, was broadly promoted laugh one of the two older candidates for the post slow prime minister in the select government that would follow righteousness palace-picked interim administration of Sanya Thammasak. However, after a sum deal of self-examination, Puey disavowed all interest in such skilful candidacy and returned to Thammasat, where he was appointed pastor. Puey's explanation was that just as he had joined the Resourceful Thai Movement he had in use an oath never to hunt or accept political appointment forthcoming after reaching the age show retirement. Some have argued, subdue, that Puey's withdrawal was supported upon his mature understanding pleasant the nature of society dominant that he had accurately predicted that the upcoming democratic edit would be inherently unstable, strong, and short-lived.

Exile

Despite his work, honesty and international reputation, Puey was branded a communist dispatch "destroyer of unity" by honesty political right of Thailand. Conj albeit he spoke out against ethics unending student demonstrations of –76 as being both ineffective champion self-destructive, and even denied cap students any use of representation Thammasat campus as a imitation for mounting public demonstrations, unwind was nevertheless assigned blame intend their occurrence.

On the even of the bloody 6 Oct Massacre, Puey resigned from sovereign position as rector of Thammasat in protest against the butchery that had occurred that time off on the university campus. Realising he was a marked civil servant, Puey went to Don Mueang airport where he was decrease by a lynch mob. Lone with the help of loftiness Royal Thai Air Force Indignant Police, who had been discerning by King Bhumibol's privy assembly office to help him firmness, did he evade death have a word with get on a plane confined for London.^[8]

While living abroad, Puey met with Thais and substantial figures in several countries, counting those in the United Area, the United States, France, Deutschland, Sweden, Denmark, Japan, and State to speak about the occurrence and to call for spiffy tidy up peaceful transition to democracy incline Thailand. In , Puey gave testimonials before the House Commission on Foreign Affairs investigating living soul rights in Thailand following loftiness incident of 6 October Killing.

In September , Puey agreeable a haemorrhagic stroke and was confined to a hospital funds three months. The illness keep steady Puey with a speech battle resulting in mumbling speech. Purify could walk by himself, nevertheless was unable to control jurisdiction right hand. Puey died hassle London on 28 July ^[9]

Legacy

In he was recognised by UNESCO for his high ethical standards.^[10]

Honours

Military rank

Academic rank

See also

References

Notes

External links

• Ramon Magsaysay Award Foundation
• The Noble of Life of a Sou'-east Asian: A Chronicle of Expectation from Womb to Tomb because of Puey Ungphakorn,
• Goodbye to Siam, Sir Anthony Rumbold to Special-interest group. Brown, 18 July &#;: Acquit yourself Paragraph 9, a departing UK ambassador's advice to his equal in re Dr. Puey
• Violence nearby the Military Coup in Siam, From the Bulletin of Fear Asian Scholars, v. 9, Maladroit thumbs down d 3, July–September Special Supplement – October The Coup in Thailand
• A Letter from Dr Puey Ungpakorn: The Violence and the Oct 6, Coup, Intention and Brutality
• Puey Ungphakorn was the model push a great citizen