Showing 1 - 4 of 4
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.
Pursuit of self-interest will doom the reform effort
News, Sawai Boonma, Published on 05/02/2014
» Thailand needs urgent reform, according to both the government and the protesters occupying the streets of Bangkok.
For Thailand, 'midway' is the better way
News, Sawai Boonma, Published on 06/03/2013
» Over the years, among the books that I have strongly recommended are two written by Professor Jared Diamond _ Guns, Germs, and Steel: The Fates of Human Societies, and Collapse: How Societies Choose to Fail or to Succeed. Both have been translated into Thai. For those who cannot spare the time to read these rather hefty books, brief excerpts can be found in the book entitled Kalapiwat.
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.