Showing 31 - 40 of 100
The fall of SVB: Another predictable bank failure
Oped, Published on 17/03/2023
» The run on Silicon Valley Bank (SVB) -- on which nearly half of all venture-backed tech start-ups in the United States depend -- is in part a rerun of a familiar story, but it's more than that. Once again, economic policy and financial regulation have proven inadequate.
Fresh calls for tax reform
News, Editorial, Published on 06/03/2023
» In the past several years, various economists have called for restructuring Thailand's tax system but met with little response from the government or society at large.
Tax havens are fuelling autocracy
Oped, Published on 23/02/2023
» People have been trying to dodge paying taxes since time immemorial, but globalisation has turned tax avoidance and evasion, as well as money laundering, into a lucrative business model. Over the past few decades, offshore tax havens such as the Cayman Islands, Bermuda, Cyprus, and Ireland have enabled corporations and wealthy individuals to conceal profits and private wealth on an unprecedented scale.
How not to fight global inflation
Oped, Published on 31/01/2023
» Despite favourable indices, it is too soon to tell whether inflation has been tamed. Nonetheless, two clear lessons have emerged from the recent price surge.
Tax reform a priority
Oped, Editorial, Published on 27/01/2023
» As the country gears up to hold the next general election, tentatively scheduled to take place in May, political parties are ramping up their efforts to outdo each other, touting populist policies in an attempt to woo voters.
Time to make the wealthy pay for development
Oped, Published on 18/01/2023
» The World Economic Forum's annual meeting in Davos, Switzerland, has always been more than a little problematic. But in recent years, the annual gathering of the rich and powerful has become an increasingly wasteful exercise in vanity. What is the point of all those private jets, luxury hotels, and clinking champagne glasses if they lead to nothing more than handwringing about the state of the world and vague promises to address multiple global challenges?
What to expect with India helming G20
Oped, Published on 05/01/2023
» India inherited the Group of Twenty (G20) presidency from Indonesia on Dec 1 2022 and will convene the 18th G20 summit on Sept 9-10, 2023 in New Delhi. Coincidentally, India assumes the presidency of the UN Security Council and will chair the Shanghai Cooperation Organisation, the world's largest regional forum, until September 2023. In May 2022, the Economist ran a cover story about India where it concluded that the country is now an outstanding economic reformer. In November 2022, multinational investment management and financial services company Morgan Stanley predicted that India's economy would account for one-fifth of global growth over the next decade. Suddenly, it feels like India's moment has come to bring its statesmanship and craft a global agenda for economic transformation.
Let the WTO referee carbon border taxes
Oped, Jeffrey Frankel, Published on 08/12/2022
» Perhaps the most important task confronting the international order is the enforcement of national limits on greenhouse-gas emissions, such as those that were negotiated in the 2015 Paris agreement. Carbon border adjustments could give these limits teeth, but fair application requires a revived World Trade Organization.
Global accord not necessary in climate battle
Oped, Published on 12/11/2022
» This week's United Nations Climate Change Conference (COP27) in Egypt highlights the growing consensus that multilateral cooperation is necessary to avert environmental catastrophe. But with geopolitical tensions spiking and the US-China rivalry heating up, such efforts seem doomed to fail, much like previous efforts to promote global coordination on vaccines, trade, technological innovation, and macroeconomic policy.
Time to leverage big data for the public good
News, Published on 02/11/2022
» The digital age has taught businesses to see people as individuals rather than just as members of certain demographic cohorts. On social media, we receive personalised ads based on our responses to previous ads, our current location, and our shopping habits. Our massive digital footprint enables companies to know precisely how effective their advertising campaigns are at the individual level and to derive immense value from this knowledge.