Former WTO Chief urges gov’t to address inequality as country recovers from COVID-19 crisis

[webfact]

Former WTO Chief urges gov’t to address inequality as country recovers from COVID-19 crisis

 

   

BANGKOK (NNT) - A former director general of the World Trade Organization has imagined the future of Thailand, after COVID-19 crisis, in a seminar focused on decentralization and inequality reduction, saying that democracy is being undermined by 3 factors.

 

The King Prajadhipok’s Institute held its 22nd Congress with the theme of the new image of decentralized Thailand to reduce inequality: lessons learned from COVID-19, with former Director General of the World Trade Organization (WTO) Supachai Panitchpakdi delivering the speech on Thailand’s new image post-crisis.

 

Mr. Supachai has referred to the Future of Democracy study from Cambridge University, where a higher unemployment rate, corruption and inequality are identified as common factors which undermine democracy, based on research in more than 100 countries.

 

The former WTO chief said the solving of the COVID-19 pandemic must be done first, as success will allow the economy to recover without much intervention.

 

He suggested, however, that social inequality and unemployment need to be urgently addressed, along with the enhancement of the grassroots economy, through the implementation of the Sufficiency Economy Philosophy, as a guideline for communities to become self-sufficient.

 

Mr. Supachai has also urged the promotion of social participation, to improve negotiating powers, as both Thailand and the ASEAN are large markets that receive much interest from the global community.

 

-- © Copyright NNT 2020-11-09

 

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[PatOngo]

3 hours ago, webfact said:

democracy is being undermined by 3 factors.

 

Prayut, Prawit, Anutin?

[hotchilli]

8 hours ago, webfact said:

where a higher unemployment rate, corruption and inequality are identified as common factors which undermine democracy,

I think that Thailand gets #1 spot for that, maybe even qualifies as a hub?

[mark131v]

13 hours ago, webfact said:

Mr. Supachai has referred to the Future of Democracy study from Cambridge University, where a higher unemployment rate, corruption and inequality are identified as common factors which undermine democracy

 

Well two out of three aint bad and they are working hard on the third

 

I feel with their expertise in the majority of these requirement's Thailand is destined to score very high, probably not as well as the road deaths but pretty high all the same. Well done General's...

[3NUMBAS]

the billionaire elites like to keep a feudal system .its been like it ever since i went to los in the 80s..

most thais scratch a living and have little for the rainy  days