Showing 1 - 10 of 265
Beyond the hype: Gauging AI's true economic impact
Oped, Published on 30/05/2024
» According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza.
Health system faces new pressure
News, Published on 29/04/2024
» There is much to celebrate, but there will be many new challenges in Thailand's health care system.
Thai families no longer fit a mould
Editorial, Published on 14/04/2024
» Today is Family Day in Thailand, and it is appropriate that it is marked at a time when people are already taking time off work to return home and reunite with loved ones to celebrate Songkran together.
Implications of an ageing population
Oped, Daniel Moss, Published on 11/04/2024
» Thailand is racing to both revive -- and renovate -- the economy, bringing with it profound social changes. Infamous for its role in Asia's financial meltdown a generation ago, the country is today running headlong into a hurdle confronting the region: a dwindling and greying population.
Conscription panic isn't the debate Europe needs
News, Published on 06/04/2024
» 'The French are all soldiers and must defend their homeland." So decreed the 18th-century law that made military service mandatory in France, until the end of the Cold War banished it to the history books and replaced it with a kind of glorified recruitment day -- which I dutifully attended as a teenager and promptly forgot about. Nobody under the age of 45 in France has forcibly worn army fatigues or picked up a weapon, including Emmanuel Macron.
Protect migrant kids
Oped, Editorial, Published on 30/03/2024
» A temple raid in Lop Buri has sparked concern over forced deportations after a group of 19 stateless children enrolled in a monkhood ordination programme were ejected from their class and transferred to the border province of Chiang Rai.
Give disabled women a chance
Oped, Published on 22/03/2024
» It is well known that women in developing economies have fewer educational and employment opportunities than their male counterparts, leading to higher rates of poverty.
India's great employment challenge
News, Published on 22/01/2024
» India seems to be a favourite growth story nowadays. Despite valid concerns about the accuracy of official statistics, the economy is projected to expand by 6.3% in 2024 -- an undeniably remarkable feat given that its GDP exceeds $4.1 trillion. While it remains a lower-middle-income country with a per capita income under US$3,000 (106,500 baht), its rapid growth suggests that its economic potential may be greater than expected. But any optimism about economic prospects must be tempered by its inability to address two challenges. The first is the unequal distribution of the benefits of rapid economic growth, which have accrued predominantly to the top 10–20% of income earners.
Poor states will struggle to get rich
News, Tyler Cowen, Published on 18/01/2024
» For the billions of people around the world who live in countries that are not yet fully economically developed, I have some disturbing news: The very last chance for their nations to reach developed status might come in this generation.
Economy in China is running low on fuel
Oped, Published on 28/12/2023
» Earlier this month, the ratings agency Moody's cut its outlook on China's sovereign credit rating to negative, citing risks from a deepening property crisis and a prolonged growth slowdown. In fact, Moody's now predicts that annual economic growth will fall to 4% in 2024 and 2025, before slowing further, to 3.8%, on average, for the rest of the decade. Potential growth will decline to 3.5% by 2030. A major driver of this slowdown will be "weaker demographics".