How's the modern day relationship between Thailand and Myanmar?
The Myanmar view of Thailand is that of a role model. Myanmar longs for the relative prosperity that Thailand has achieved in the last 20 years
The impact of a weak Thai Baht for foreign teachers in Thailand
Over the past few months the Thai Baht has become weaker against many other currencies. This has had many implications for Thailand as a country and for the people who live and work here. I want to focus on foreign teachers in Thailand and how the exchange rate changes might affect them.
How poor countries benefit from foreign investment
Working in China (but maintaining a residence in Thailand) I could write volumes about what I think is “wrong” in China, but I also know that the country has implemented the biggest and fastest poverty reduction program the world has ever seen, and it has been done by going against the advice of most western economic experts and without foreign aid.
Have you noticed how much more we have to pay for things?
I’m not coming at these price differentials from the angle of an expert economist. I’m just an average Joe consumer who looks at the prices on menus and clothes tags and wonders what’s wrong with this picture.
The situation of the worlds economy, which is quite dire will be affecting all of us for quite some time. The good news for us here in Asia is that there is a fundamental restructuring the world's economy with a shift of wealth and growth from the West to Asia.
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