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Economy
In reply to the discussion: Weekend Economists Go for the Gusto February 24-26, 2012 [View all]xchrom
(108,903 posts)92. Thailand Best After China Among Emerging Markets
http://www.bloomberg.com/news/2012-02-22/thailand-proving-best-after-china-among-global-emerging-markets.html
During 10 turbulent years in Thailand, Kittiratt Na-Ranong tackled jobs ranging from president of the stock exchange to manager of the national soccer team, an underperforming outfit nicknamed the War Elephants.
Now, Kittiratt, 54, has taken on a task with significant implications for fund managers such as Templeton Emerging Markets Group Executive Chairman Mark Mobius, for market-leading companies such as Intel Corp. (INTC) and Toyota Motor Corp. (7203) and for consumers of the worlds most important staple food, rice, Bloomberg Markets reports in its March issue.
As deputy prime minister and finance minister, Kittiratt says, his task is to convince investors that the government can build defenses to prevent the recurrence of floods that last year inundated thousands of factories critical to global supply chains as well as a swath of the paddies that supply 29 percent of international rice shipments.
We have learned from the pain and will not let this happen again, he says.
As the waters slowly receded, they laid bare this Southeast Asian nations extraordinary economic importance to the rest of the world.
During 10 turbulent years in Thailand, Kittiratt Na-Ranong tackled jobs ranging from president of the stock exchange to manager of the national soccer team, an underperforming outfit nicknamed the War Elephants.
Now, Kittiratt, 54, has taken on a task with significant implications for fund managers such as Templeton Emerging Markets Group Executive Chairman Mark Mobius, for market-leading companies such as Intel Corp. (INTC) and Toyota Motor Corp. (7203) and for consumers of the worlds most important staple food, rice, Bloomberg Markets reports in its March issue.
As deputy prime minister and finance minister, Kittiratt says, his task is to convince investors that the government can build defenses to prevent the recurrence of floods that last year inundated thousands of factories critical to global supply chains as well as a swath of the paddies that supply 29 percent of international rice shipments.
We have learned from the pain and will not let this happen again, he says.
As the waters slowly receded, they laid bare this Southeast Asian nations extraordinary economic importance to the rest of the world.
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I'm going to go cook for the Kid, before I get too inebriated (or depressed by the news)
Demeter
Feb 2012
#10
I'll Drink to That! Congratulations on your survival and wishes for a speedy recovery!
Demeter
Feb 2012
#34
Marshall Auerback: German Economic Striving at the Expense of Workers and Neighbors Will Backfire
Demeter
Feb 2012
#53
Politico: Schneiderman Caved to Administration Pressure on Mortgage Settlement...
Demeter
Feb 2012
#42
Schneiderman's sell-out has been among the more depressing developments lately ...
bread_and_roses
Feb 2012
#74
I wish that times was tomorrow. Tens of thousands of people in the streets......
Hotler
Feb 2012
#97