Are loan sharks preying on Thais?
An economic slowdown could further exasperate inequality in Thailand, leaving more room for loan sharks.
A growing divide between elites and all those who have been “left behind” has poisoned politics for a generation.
A Credit Suisse report named Thailand the most unequal country in the world.
When 13-year-old Anucha Tasako died recently, it fuelled the debate on banning child Muay Thai boxers.
Singapore’s tax system has come under scrutiny following the Commitment to Reducing Inequality Index 2018 report findings.
According to UNESCAP, Southeast Asia has not been successful in its efforts to reduce inequalities.
Inequality is clearly a serious problem that merits political attention. But focusing on trade is not the way to resolve it.
Asia’s leaders must do better if they are to realise the true promise of “growth with equity.”