Showing 1 - 9 of 9
Betting on bitcoin
Oped, Postbag, Published on 14/01/2025
» Re: "Buying bitcoin, more firms bet on rewards over risks", (Business, Jan 10).
Moving towards a fifth world order
Oped, Gordon Brown & Mohamed A El-Erian, Published on 26/10/2024
» The Bretton Woods institutions -- the International Monetary Fund and the World Bank -- are now 80 years old. But they are as under-resourced and poorly supported by national governments as at any time in their history. Their predicament is perhaps the clearest sign that economic and financial multilateralism is fragmenting along with the global economy. Worse, this fragmentation comes at a time of rising international tensions, financial fragility, sputtering growth, rising poverty, and mounting reconstruction bills in Gaza, Lebanon, Ukraine, and elsewhere.
'Women's economics' goes mainstream
Oped, Antara Haldar, Published on 10/11/2023
» William Shakespeare's 1597 comedy Love's Labour's Lost tells the story of four Frenchmen as they navigate the tension between commitment to intellectual development and the quest for domestic bliss. Some four centuries later, Harvard economist Claudia Goldin reimagined the tale from the vantage point of American women balancing career and family. Now, Ms Goldin's profound insights into women's labour-market outcomes have won her a Nobel Prize in Economics.
Global rulebook needs a facelift
Oped, Gordon Brown, Published on 28/09/2023
» After India's G20 summit and the UN General Assembly this month, world leaders next month will attend the International Monetary Fund and World Bank meetings in Marrakesh, before heading to the UN Climate Change Conference (COP28) in Dubai. But there is little optimism that these summits will deliver meaningful progress in tackling our greatest challenges, not because of any lack of resolve, but because the global rulebook we have been following since the end of World War II is no longer fit for purpose.
The banks the world badly needs
Oped, Lawrence H Summers & N K Singh, Published on 27/07/2023
» The world is literally on fire. Experts estimate that another Covid-level public health threat is likely to emerge in the next generation. Rising interest rates have left dozens of countries with unmanageable debt burdens. And for the first time in nearly half a century, the global economy is fracturing rather than coming together.
Putting a dampener on Thai recovery
Oped, Chartchai Parasuk, Published on 26/01/2023
» After three years in which the economy suffered from Covid effects, I am sorry to say that 2023 will not be the year of economic recovery as everyone had hoped. The global economy will still be plagued by inflation threats and several adverse factors such as excessive debt and the Russia-Ukraine war. These negative factors prompted the World Bank to revise its global economic growth prospects downward from 3.0% to 1.7% for 2023. The key point is a marked slowdown from 2.9% growth in 2022.
Break the flood cycle
Oped, Editorial, Published on 22/10/2022
» As part of the southern region braces for expected seasonal floods, a vast area of the lower North, including Nakhon Sawan, Ang Thong, and Isan remains inundated. Media photos show several houses in flood-hit areas entirely submerged.
Expect inflation to worsen, not lessen
Oped, Chartchai Parasuk, Published on 21/04/2022
» The economic theory is clear. Inflation always precedes a recession. Investors also think similarly. A recent Market Live Poll conducted by Bloomberg shows that 15% of investors are expecting a US recession to begin in 2022, 48% in 2023, 21% in 2024 and 16% looking at 2025 or later. Deutsch Bank also believes the US economy could face a recession in 2023.
What the virus is telling us about climate change
Oped, Gwynne Dyer, Published on 29/05/2020
» Human beings respond well to a crisis that is familiar, especially if it is also imminent. They don't do nearly as well when the threat is unfamiliar and still apparently quite distant. Consider our response to the current coronavirus threat.