Showing 1 - 9 of 9
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.
Cabinet shuffle unlikely to kickstart growth
News, Sawai Boonma, Published on 05/08/2015
» As the economy continues to stagnate, speculation is getting more intense as to when the prime minister will replace some - or perhaps all - ministers in charge of the economy. Changing personnel may pacify the critics, but it is unlikely to change anything for the better. Both external and internal factors are working against any possibility of achieving robust growth in the near future.
Somkid's stimulus plan an invitation to more debt
News, Sawai Boonma, Published on 02/09/2015
» The cabinet on Tuesday endorsed the emergency economic stimulus package proposed by the new team under the leadership of economic czar Deputy Prime Minister Somkid Jatusripitak.
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.
Harnessing consumer power for the better
News, Sawai Boonma, Published on 05/03/2014
» During the past few weeks, Thailand has seen a new phenomenon, beginning with a large number of depositors flocking to branches of the Government Savings Bank (GSB), to either close their accounts or withdraw large sums of money.
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.
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.
Cyprus was warned, but it refused to listen
News, Sawai Boonma, Published on 03/04/2013
» The severity of the economic problems in Cyprus puzzles me. When my World Bank colleagues and I were working on Cyprus in the 1980s, we were favourably impressed by our Cypriot counterparts, both in the government and in the private sector.
Start at the local level to avert apocalypse
News, Sawai Boonma, Published on 07/11/2012
» According to one interpretation of the Mayan calendar, there will be a cataclysmic event that causes the end of the world this year, probably on Dec 21.