Showing 1 - 4 of 4
Applying sufficiency to macroeconomics, business
News, Prasarn Trairatvorakul, Published on 02/06/2016
» Throughout the history of mankind, numerous events and crises have prompted us to reflect and reevaluate on the way we live our lives, operate our businesses and develop our countries.
Striking balance in financial integration
News, Prasarn Trairatvorakul, Published on 16/04/2015
» Over the past two decades, the level of financial integration across countries has increased rapidly. If we take the total stock of external assets and liabilities relative to world GDP as a gauge of financial integration, in 1980 this stood at around a quarter, roughly equal to the ratio of global trade to world output. By 2010, global finance was nine times global trade.
Bank sector needs trust (and scepticism)
News, Prasarn Trairatvorakul, Published on 27/04/2012
» Trust is the cornerstone of the financial industry. But it should also be added that trust alone is not enough. We also need to have a good dose of healthy scepticism. The reason for this is that we must avoid, on the one hand, overly trusting market mechanisms or, on the other hand, overly trusting in regulation. This is because of the rapid changes in the financial system and how risk is transmitted.
Getting ready for 'free flow' of opportunities in AEC
News, Prasarn Trairatvorakul, Published on 12/01/2012
» Global citizenship is linked to the relationship between an individual and the state. Since we now live in a virtual world connected by technology, today's global relationship should perhaps be better defined as an association with economic opportunities available to an individual, irrespective of physical presence.