Results 1 to 5 of 5
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    @
    Location
    Chiang Mai
    Posts
    28,993

    BoT says global economy performing well

    BANGKOK, 20th October 2017 (NNT) - The Bank of Thailand (BoT) has disclosed that the World Bank and the International Monetary Fund (IMF) are urging countries worldwide to reform their economic structures, as the global economy has begun to improve.


    According to BoT Governor Veerathai Santiprabhob, the recent 2017 World Bank Group-IMF Annual Meeting in Washington D.C. concluded that global economic growth could now be seen, not only in major industrial nations, but also in many countries across the globe.


    These include all countries in the European Union and emerging markets elsewhere. The world economy is likely to grow 3.6% this year and 3.7% in 2018 due to rising global trade growth, which has also surpassed global Gross Domestic Product (GDP).


    The BoT Governor however, cautioned that emerging economies could be affected by major industrial countries’ decision to raise their interest rates and the new North American Free Trade Agreement (NAFTA) which may not be as open as it used to be.


    He said every country should take advantage of the growing global economy and adjust their economic structures to soften the impact of future unpredictable external shocks.


    http://nwnt.prd.go.th/CenterWeb/News...O6010200010004

  2. #2
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    8,510
    That's what I thought, but when a Bo confirms it I know something horrible is about to happen.

  3. #3
    ความรู้ลึกลับ HuangLao's Avatar
    Join Date
    Jun 2017
    Last Online
    @
    Location
    สุโขทัย
    Posts
    6,015
    Global economy.
    World Bank & IMF.


    False economies.

  4. #4
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    29,826
    Good news for the 30 percent accounting for some 80 percent of the aggregate national income. Means fuck all for the 70 percent accounting for roughly 20 percent of the aggregate national income. Thailand continues to suffer from unequal income distribution.

    Only Russia and India are worse.

    Until Thailand narrows this gap, political and civil division will remain and no doubt get far worse.
    Whenever you find yourself on the side of the majority, it is time to pause and reflect.

  5. #5
    ความรู้ลึกลับ HuangLao's Avatar
    Join Date
    Jun 2017
    Last Online
    @
    Location
    สุโขทัย
    Posts
    6,015
    Quote Originally Posted by Norton View Post
    Good news for the 30 percent accounting for some 80 percent of the aggregate national income. Means fuck all for the 70 percent accounting for roughly 20 percent of the aggregate national income. Thailand continues to suffer from unequal income distribution.

    Only Russia and India are worse.

    Until Thailand narrows this gap, political and civil division will remain and no doubt get far worse.

    The steadfast oligarchical nature of the world.
    And seems to be growing.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •