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Detroit trod a surefire path to economic ruin
News, Sawai Boonma, Published on 07/08/2013
» On July 18, Detroit made an announcement heard around the world _ it had filed for bankruptcy.
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Cyprus was warned, but it refused to listen
News, Sawai Boonma, Published on 03/04/2013
» The severity of the economic problems in Cyprus puzzles me. When my World Bank colleagues and I were working on Cyprus in the 1980s, we were favourably impressed by our Cypriot counterparts, both in the government and in the private sector.
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Gimmicks won't bridge wealth gap
News, Sawai Boonma, Published on 04/07/2012
» Thais possess almost an unlimited supply of proverbs and sages' sayings, which they often quote to justify or rationalise what they do. One of them is this: Follow a big person, so that dogs don't bite.
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