Showing 1 - 10 of 13
Rethinking finance beyond aid
Oped, Published on 06/11/2025
» Traditional donors have sharply scaled back their aid commitments to developing countries over the past year. Some, like the United States, have virtually eliminated their aid programmes. According to the Organisation for Economic Co-operation and Development (OECD), official development assistance (ODA) from member countries declined by 7.1% in 2024, its first annual drop in six years.
Call for focus on impactful AI
Business, Suchit Leesa-nguansuk, Published on 23/10/2025
» Thailand should widely apply artificial intelligence (AI) to create a real impact rather than focusing solely on attracting investment in AI-ready data centres to drive economic growth and increase equality, according to leading economists and technology providers.
Global banking rules need review
News, Published on 29/07/2025
» In an era of shrinking resources for development finance, global policymakers must shift their focus to making better use of existing funds. Identifying and removing regulatory barriers that hinder the efficient deployment of capital to emerging markets and developing economies (EMDEs) is a good place to start.
Central banks help drive gold rush
Business, Published on 24/06/2025
» More than nine in 10 reserve managers say they expect central banks to continue increasing their gold holdings in the next 12 months, according to a new survey released by the World Gold Council.
The way to lose an entire decade
Oped, Published on 19/03/2025
» The 2020s are shaping up to be a lost decade, at best, for economic growth. This will be particularly bad for emerging markets and developing economies (EMDEs) in the short term, but it will leave us all worse off, not least by undermining the global fight against climate change. The parallels with the 1930s -- when the world also faced a major economic shock, intensifying protectionism, growing nationalism, and the weakening of multilateralism -- make the situation appear all the more ominous. Then, like now, geopolitics was king.
Mobilising private climate finance
Oped, Published on 15/10/2024
» Around the world, we are witnessing the devastating effects of changing temperatures. Droughts, floods, and sweltering heat are taking lives, eroding hard-earned socioeconomic gains, and leaving countries' future hanging in the balance. Worse, those who have contributed the least to the climate crisis are being hit the hardest.
The US dollar is a problem for everyone
Oped, Published on 20/08/2024
» In 1971, US Treasury Secretary John Connally famously told his counterparts in the G10 that "the dollar is our currency, but it's your problem". Connally was being unexpectedly candid about the fact that, even though the greenback was the world's main reserve currency, its foremost purpose was to advance US interests.
More affordable climate finance
Oped, Published on 14/03/2024
» Emerging-market and developing economies (EMDEs) will need an estimated US$2.4 trillion (86 trillion baht) in climate investment annually to meet climate goals, according to the Independent High-Level Expert Group on Climate Finance, with $1 trillion coming from external sources. Achieving the United Nations Sustainable Development Goals (SDGs) will require even more financing: an increase of $3.5 trillion in new investments annually by 2030. These are daunting figures. But they are also non-negotiable.
Balancing sustainability in BRI
Oped, Published on 19/10/2023
» Ever since 2013 when China launched its magnanimous Belt and Road Initiative (BRI), Western capitals have been viewing this monumental developmental project with scepticism; their response is tainted by an unwarranted wave of negativity and misinformation.
IMF warns of slowing global growth ahead
AFP, Published on 25/07/2023
» WASHINGTON: The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labour market, the lender said Tuesday.