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  • OPINION

    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.

  • OPINION

    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.

  • OPINION

    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.

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