Not just “Creative Economy,” but “Knowledge-Based Economy”

Recently, I expressed my view on “Creative Economy” which is an important economic policy of this government. Personally, my perspective was to first understand the direction of global social development in terms of seven waves from which the world is now poised for the “Fourth Wave,” a “Knowledge-Based Society,” led by innovators who can maximally utilize their knowledge toward daily living that is both productive and highly innovative. If Thailand wants to develop and benefit from this global development trend, the Thai government will have to ride on “The Fourth Wave,” as a Knowledge-Based Economy (Society), not just as a Creative Economy.

Economic Analysis of Global Warming Solutions

In December of last year, a World Climate Change Summit organized by United Nations in Copenhagen, Denmark sought for an agreement to reduce greenhouse gas emission among the developed and developing nations. It seems that the meeting was not able to help solve any problems because there were no resolutions passed by the associate members, and hence no enforcement. Moreover, measures were not tough enough to force a reduction on greenhouse gas emissions, allowing many industries to continue polluting the environment.

Creative and sustainable solutions for the online lottery

Expressing his political stance, Prime Minister Abhisit Vejjajiva has cancelled online lottery ticket sales via automatic vending machines and agreed to compensate for private contractors and retailers who have already invested in machines. However, this announcement has created waves of dissatisfaction and caused many to think he is insincere because it occurred after one year of government operation.

Thailand’s Economic Direction in 2010

2010 has begun, and after analysis by many, I will now express my opinion on Thailand’s economy outlook for 2010, as follows.

Credit Bureau for All

Recently, the government launched a new programme to eradicate underground debt, at the same time encouraging borrowers with underground debt to refinance their obligations. Would-be participants were invited to register at the Government Savings Bank from December 1st until 30th, 2009, at which time the Chief Control Department will filter the debt types and distribute each debtor to a government bank determined to be responsible for them. Six government banks will participate in the programme; the Bank for Agriculture and Agricultural Cooperatives (BAAC), the Government Saving Bank, the SME Bank, the Islamic Bank of Thailand, the Krung Thai Bank and the Government Housing Bank.

Maintaining the welfare of Thailand’s aged

Thailand’s senior citizenry will likely double in number by 2571 BE, as will the dependency rate of elders to working age citizens, so that society’s care burden for its elderly will fall on the nation’s working population sooner than before.

Thai - Brazilian cooperation can help Thailand’s economy

Brazil, a great South American nation is now known as a BRIC country, one of the four emerging economic super powers, and expected to become a powerful and influential country in the world. There is huge potential in Brazil for future prosperity as it is a large country having abundant resources and a large population of nearly 300 million in possession of advanced technology and a variety of available expertise. It is therefore time for Thailand to get to know and foster a strong relationship with Brazil.