Dr. Saul: Thailand & The Desire Economy

Dr. Saul Kruggerand, the renowned Ph.D. economist and native of South Africa, whom we last heard from in his article titled Thailand to Tackle World’s Desire Deficit in which he outlined the present economic structure of Thailand’s Desire Sector (DS) along with an insightful and detailed estimate of the Desire Sector’s current contribution to Thailand’s overall GNP. In today’s post Dr. Saul analyzes Thailand’s plan to target and develop Thailand’s Desire Economy Sector in order to re-stimulate & maximize Thailand’s GNP.

“Dr. Saul,” as he is affectionately called by his students, having focused his highly-tuned analytical skills on the present structure and dimensions of the Thailand’s Desire Sector, now follows with a detailed analysis of the radical and heretofore overlooked proposal the Thailand government made at the recent G-20 and Apec meetings to further develop the Desire Sector of the Thai economy in order to help reduce the World’s Desire Deficit (WDD) as well as to make a surprisingly significant contribution to the re-stimulation of overall economic growth in Southeast Asia and the world.

Dr. Saul is himself a Yesbel Laureate with his Ph.D. from the prestigious London School of Economics LSE. Dr. Saul has worked with or along with the World Bank, IMF, Goldman Sachs, the Dubai Sovereign Fund, AIG Hedge Fund Division and George Soros. A generous grant from the Chuwit Foundation in Bangkok where Dr. Saul is the director of research and senior fellow has helped to fund Dr. Saul’s recent studies in this area. And now, without further introduction, here is

Read more

Sphere: Related Content

Poll: Suvarnabhumi, Round Two

Argh the red devils are back. It’s a cunning game the red shirts are playing these days. They got all the media attention. Without much effort. First they increase the heat on previously untouchable privy councillors. They dare to hold the first rally ever in front of the office of the privy council. Unthinkable not too long ago. The common boundaries have been stretched enough to allow more space to roam.

The red shirts though know, no privy councillor will budge as demanded for the time being. That’s not the aim of their latest tactic anyway. The tactic is more of a “Little strokes fell big oaks.” That’s why they announced an airport protest. A symbolic protest. No road will be blocked, no passenger will be harmed. No law will be broken. Just up the ante. Every media network would be there. Would be because the rally seems to be cancelled.

Elements of the government and industry were panicking, the stock market diving. That’s all the red shirts want. To show the government quite plainly by means of inducing fear on what double standards, lies and flowery phrases its rule is built on. Why would the red shirts have to go for a repeat of the November to December 2008 mayhem. That’d be “national suicide,” as someone said. Nevertheless, why didn’t the government prevent a possible repeat in the first place? (Wanna head straight to the poll? Scroll down.)

Read more

Sphere: Related Content

Machiavelli Personality Test: Are We A Better Thai Politician?

Boring politics? Boring Thai politics? There is no such thing. Thailand politics by now have become a textbook for modern-day machinations and intrigue. Any dethroned leader anywhere in the world longing for a comeback should just have a look at Thailand. Thaksin’s the past you’d think. Emailed a reader:

“In any other place on earth I would agree 100% … But here is Thailand where all problems are solved with the most amazing, wacky, weaselly and mind-bending compromises. Abhisit will one day be his vice premier, you wait and see! There will be something for Sondhi too.”

Sounds like a soft form of textbook Machiavellianism which denies the relevance of morality in political affairs. Craft and deceit are justified in pursuing and maintaining political power by use of cunning and catty tactics.

Read more

Sphere: Related Content

Of Rankings, Mediocrity & Quality Of Life

Well, there’s always an exception that proves the rule. According to a recent poll Bangkok was voted the no. 1 most attractive city in Asia. Thai media hailed the headline. But the poll was conducted in Bangkok, among 500 foreign tourists. As if 500 interviewed tourists in Tokyo would have chosen Bangkok. That’s not what you call “representative.” Still, despite subliminal indoctrination attempts, dwindling freedoms and regressing investments in the kingdom it’s not all that bad.

Take any internationally credible poll or ranking and Thailand features not too shabby. Again, there’s the exception that proves the rule. In the Press Freedom Index 2009 Thailand remains near the post-Thaksin historic low of 135th. In 2002 Thailand ranked 65th. On the other hand, according to the IMD World Competitiveness‘ stress test, Thailand holds the 26th overall rank in 2009.

A rare success that was thoroughly enjoyed by our dear prime minister. But when the same stress test ranks Thailand’s Government Efficiency as 17th, sandwiched between Taiwan and Malaysia and clearly ahead of the U.S. and the U.K., you may wonder what standards apply. And according to Transparency International’s Corruption Perception Index 2008 the Thai kingdom ranks 80th, after 61st in 2001. But how do you measure one of Thailand’s real strengths? The quality of life?

Read more

Sphere: Related Content

Scientifically Proven: The Good Farang

She’s a fast worker. The results of Thammasat University’s Khun Nat’s survey – if Farang is an F-Word – are in already. If you haven’t read her outlining paper do so here. You’re a Westerner and hate to be called “farang”? But what, as we’re about to find out, if “a vast majority of the Thai surveyees have a positive attitude toward farang characters which are friendly, easy-going, open, punctual, smart, well-mannered, well-off and well-being”?

Nat surveyed Thammasat foreign professors, staff of the United Nations, foreign friends and furthermore dozens of “jai dee” readers of absolutely Bangkok.com took part. Nat calls the results “surprising”: ”Surprisingly, the result turns out that a majority (…) 54% of the surveyees think that farang is just a Thai pronoun used to call the Westerners and 26% believe that the term is offensive.”

Nevertheless, a few surveyees from those 54% still do not like to be called farang whenever the Thais use the term in front of them and they also believe that the educated will not use this term. At this point I would also like to thank the many regulars of absolutely who took part in the survey, appreciate! And a special thank to Nat for sharing her work with us.

Read more

Sphere: Related Content

F-Farang

Farang an f-word? The first time you were in Thailand and kids called you “farang!” you were smiling. How sweet they are! After a while you wondered why every foreigner is a farang. Or do you call all Asians back home “Chinese”? Or even worse by the name of a fruit?

Today I couldn’t care less. If someone calls me a farang I politely say “khor thod na krup, pom cheu Dan.” Smiles all over, and surprisingly Thais hardly ever forget one’s name once they know you. Whereas I still can’t figure out all those nicks.

Point being: for most Thais the word “farang” is hardly racist. That’s also the way Khun Nat sees it, a senior at Thammasat University’s Faculty of Liberal Arts. “I myself never realized that farang is a racist word,” she tells me. “That’s why I write about the ignorance of Thai people.”

Read more

Sphere: Related Content

Next Page →