We have been hearing a lot of complaints about the 300-baht minimum wage from business operators. What about listening to our maids, food vendors, taxi drivers, and people who are not on company payrolls for a change?
Blair Lockhart's insight:
"The informal sector contributes 46% of gross domestic product, yet they have to put up with long work hours, low and irregular pay, work hazards, and no welfare and labour protection, including no minimum wage,"
About one in five Thai preschoolers and one in 10 children of school age may suffer from obesity by 2015 because they are not getting proper nutrition, deputy director-general of the Department of Health Theerapol Topanthanont said on Monday.
When a friend sent me this paper the other day, I admit that I took a long hard look at myself and my economist friends. According to this study, economists, it seems, are worse than most when it comes to truth telling.
GDP not a measure of success, says Economics Nobel winner Times of India PATNA: Nobel laureate Joseph E Stiglitz said GDP is not a good measure of success. "GDP doesn't take into account sustainability, distribution or well-being.
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