Showing 1 - 9 of 9
Ability to pay key to debt restructuring
Oped, Chartchai Parasuk, Published on 03/04/2025
» Last week's earthquake has provided Thais with two valuable lessons. First, Thailand has no national disaster management plan. No government agency seems to have had carefully thought-out plans and procedures to manage the situation. All measures were carried out on an ad-hoc basis. Worse, there appears to be no coordination among various agencies. Thais were left to rely on their own two feet as thousands of Bangkokians had no choice but to walk for hours to their homes when the mass transit railways were shutdown.
Fireworks within limits
Oped, Editorial, Published on 04/01/2025
» New Year's Eve and fireworks seem like an inseparable package. But mini rockets of exploding gunpowder in close proximity to a wild habitat is not a good idea. Ever.
Beyond the hype: Gauging AI's true economic impact
Oped, Daron Acemoglu, Published on 30/05/2024
» According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza.
Who will benefit?
Oped, Postbag, Published on 23/12/2023
» Re: "Farmers given new title deeds option", (BP, Dec 22).
Save big trees
Oped, Postbag, Published on 16/12/2023
» Our Metropolitan Waterworks Authority (MWA) cut down several big trees along Rim Khlong Prapa Road on Monday.
Changing Thailand: a series (prologue)
Oped, Chartchai Parasuk, Published on 23/02/2023
» Before I start talking economic jargon filled with figures, let me explain Thailand's economic situation in plain language.
India's oligarchs under Modi facing a crisis
Oped, Jayati Ghosh, Published on 21/02/2023
» Over the past two decades, Indian multi-billionaire Gautam Adani's close ties to Prime Minister Narendra Modi have helped the Gujarati businessman become Asia's wealthiest person. Mr Adani's meteoric rise also made him the poster boy for India's growth story -- until allegations of fraud and stock manipulation brought his eponymous business empire to its knees. With his conglomerate losing US$110 billion in market value within days, Mr Adani has become a cautionary tale about the perils of cronyism in Mr Modi's India.
The US inflation bonanza for sovereign debtors
Oped, Gautam Nair and Federico Sturzenegger, Published on 08/10/2022
» As developing countries confront a new era of elevated inflation, rising interest rates, a stronger dollar, and capital outflows, some governments stand to benefit from a little-noticed bonanza. During the "Great Moderation" that preceded the Covid-19 pandemic, years of low inflation led to the growth of sovereign debt issued at fixed interest rates and long maturities. Now, two years of unexpected inflation in the United States have effectively diluted this debt.
Gold medal bonanza
Oped, Postbag, Published on 26/05/2022
» Re: "SEA Games gold medal haul and targets", (BP sports pages, May 24).