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Showing 1-3 of 3 results
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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.
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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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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.
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