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Search Result for “country”

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OPINION

Thailand wants faster inflation

News, Daniel Moss, Published on 06/06/2024

» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.

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OPINION

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.

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OPINION

It'll take more than patriotism to save the ringgit

News, Daniel Moss, Published on 28/03/2024

» Malaysia wants to be great again, at least in foreign exchange. The nation's currency recently approached a level seen as near-catastrophic during the Asian financial crisis of the late 1990s. Authorities insist the ringgit is way too cheap and blame forces outside the country, chiefly high interest rates in the US. The remedies are modest, compared with the shock therapy meted out a couple of decades ago.