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Thai Prime Minister Wants Detractors to Give His Economic Policies More Time.

Bangkok Post (Bangkok, Thailand)

| January 01, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Pattnapong Chantranontwong

Jan. 1--After 10 months in office, Prime Minister Thaksin Shinawatra discovered that his economic platform, which helped him to a landslide victory in the Jan 6 election, had been ineffective in reversing the country's economic downturn.

Mr Thaksin's economic philosophy is a straightforward domino effect: Help the poor to earn more income, then they will spend, merchandisers can sell goods, factories will produce more, and investment and the economy will recover.

Mr Thaksin suspended the collection of debt from farmers, delivering money to the poor via the People's Bank and the village funds and then helped to ...

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Source: HighBeam Research, Thai Prime Minister Wants Detractors to Give His Economic Policies...