OPINION

Inequality exposed

News, Editorial, Published on 10/12/2018

» The economy expert Banyong Pongpanich was studying recent statistics last week when he made an interesting discovery. Based on figures reported in the latest annual Global Wealth Databook by Credit Suisse (CS), the inequality gap in Thailand has become the worst in the world. The figure represents national assets held and controlled by a nation's richest 1%, compared with the other 99%. In Thailand, that 1% is about 500,000, compared with the 50 million Thais of working ages.