Showing 1 - 8 of 8
Why Thailand must protect its international reserves
News, Sawai Boonma, Published on 04/11/2015
» On the basis of its international reserve holdings of over $160 billion (4.4 trillion baht), Thailand has been a member of the rich-nation club for many years now.
Sufficiency economy doesn't mean self-sufficiency
News, Sawai Boonma, Published on 03/12/2014
» Since the head of the National Council for Peace and Order (NCPO) announced some six months ago that he would use the sufficiency economy (SE) as the guiding light for governing the country, I again have seen discussions equating SE with self-sufficiency. It's not.
Coup-makers must lead by example
News, Sawai Boonma, Published on 04/06/2014
» Every military intervention is costly and the current one is no exception. It costs a lot of money to keep soldiers on the streets, and their presence spooks tourists and investors, and interrupts the process of democratic development.
Corruption risks pulling everyone under
News, Sawai Boonma, Published on 06/11/2013
» It is not unusual for three people to share a Nobel Prize for doing research on the same subject, either together or separately. For the prize in economics this year, however, it is quite unusual because while separately conducting research on the movements of asset prices _ stocks, bonds, real estate, etc. _ the three people honoured reached contradictory conclusions.
Debt aside, economy looks a lot like Greece's
News, Sawai Boonma, Published on 01/05/2013
» When the current eurozone crisis reached Greece, many Thais asked whether what was happening over there could happen here.
Moderation provides key to happiness
News, Sawai Boonma, Published on 02/01/2013
» On June 6 of last year, I wrote in this column that the Great Recession starting in 2008 was bad for most people except those who wrote about it. Dozens of books have been published and I mentioned three that had interested me in particular _ two by Joseph Stiglitz and one by Jeffrey Sachs. These books ask more fundamental questions than most about the causes of the current economic problems.
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.
The universal truth of sufficiency economy
News, Sawai Boonma, Published on 06/06/2012
» The Great Recession of 2008 has been bad for most people, with one exception perhaps _ those who write about it. As I wrote in this column on April 28, 2010, I had counted 34 books on the subject published in the United States up to that point. Many more have come out since.