Bloomberg: Thailand Needs to Invest in People, Not Rice

Thailand Needs to Invest in People, Not Rice – Bloomberg, July 12, 2013
…Granted, the program isn’t bankrupting Thailand. The country’s $346 billion economy can handle the $4.4 billion the government blew on rice purchases last year. But Yingluck’s recent priorities bear troubling similarities to those her exiled brother, Thaksin Shinawatra, championed from 2001 to 2006. His vaunted “Thaksinomics” never amounted to more than a Tammany Hall-like doling out of cash in return for rural votes…

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2 Responses to Bloomberg: Thailand Needs to Invest in People, Not Rice

  1. Wiz says:

    Sadly, those inner circle around AI Maew and Poo have gone against any idea that oppose to the populist idea by claiming that this is the ONLY way to achieve the edible democracy – the case to point is what Ajarn Kasian Techapheera has insisted to the bitter end that the current administration around the world prefer populist policies than any other things else.

  2. Wiz says:

    Nevertheless. some of the inner circle such as Dr Krong started to oppose the populist policies since these policies have shown the sign that they are out of control ….

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