Showing 1 - 10 of 10
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.
Brazil's energy industry woes offer cautionary tales
News, Sawai Boonma, Published on 04/03/2015
» Compared to other leading developing countries, including the big four often grouped together and labeled Bric — Brazil, Russia, India and China — Brazil is much better off and should be doing far better.
Is lower growth a 'sustainable' blessing in disguise?
News, Sawai Boonma, Published on 04/02/2015
» Economic numbers and growth prospects seem to make few people happy these days. But unless we are among the desperately poor or unemployed with few prospects of changing our lot, perhaps we should not feel bad.
Big ideas like Kra Canal take guts to follow through on
News, Sawai Boonma, Published on 07/01/2015
» With attention focused largely on holiday celebrations in the past couple of weeks, most Thais probably missed the news about a milestone event in Nicaragua just before Christmas. The event was a groundbreaking ceremony, commencing the construction of the Nicaragua Canal linking the Pacific Ocean with the Atlantic Ocean.
Debt-inequality trap risks being sprung any moment
News, Sawai Boonma, Published on 05/11/2014
» Last month, the International Monetary Fund issued its latest assessment of the global economy for 2014, lowering the growth rate from 3.7% projected in its previous assessment to 3.3%. The picture is less rosy despite better outlook for the United States - the largest engine of the world economy – that leads the Federal Reserve System to stop pumping massive amounts of money into the economy via quantitative easing, which totaled some $4.5 trillion over the past six years. Gloomier prospects for other economies have been attributed to continued feeble demand.
As Buddhists, we needn't reach for the sky
News, Sawai Boonma, Published on 02/10/2013
» With cities racing to build ever taller buildings, the question arises as to how much of a skyscraper is actually usable space, and how much is designed to make it taller.
Economy trapped in mire of corruption
News, Sawai Boonma, Published on 04/09/2013
» With growth stalling everywhere, including in the middle-income countries and especially the once high-flying Brics (Brazil, Russia, India, China and South Africa) grouping, discussions about the nature of the middle-income trap and how to get out of it have again come to the fore.
We're not even close to achieving democracy
News, Sawai Boonma, Published on 03/07/2013
» With the government of Cuba relaxing many aspects of its rule, one may be tempted to conclude that democracy will soon completely triumph over dictatorship, just over two decades after the fall of the Berlin Wall. That, however, is hardly the case, according to William J Dobson.
Sufficiency economy, our solution
News, Sawai Boonma, Published on 01/08/2012
» Over the past two years, I have occasionally referred to the notion of sufficiency economy - a term translated from Thai after His Majesty the King first uttered it publicly on Dec 4, 1997.
From the year of fury to the year of doom?
News, Sawai Boonma, Published on 05/01/2012
» With a 9.0 magnitude earthquake hitting Japan in March, causing vast destruction and leaving nearly 20,000 people killed or missing, 2011 should register as one of the years that the four elements _ earth, air, fire and water _ had unleashed its most destructive fury.