Fiscal predator

Article Abstract:

Singapore's political system and its fiscal strategy is interlinked and the country that prides itself as a low-tax country actually over taxes its citizens while spending less on their welfare with surplus funds ending up improving the ruling party's coffers. The ruling party benefits at the cost of the private sector, which is reeling under severe international competition thus leading to slower economic growth and lack of changes in the fiscal policy.

Public Finance Activities, Fiscal Policy, Evaluation

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"Toxinomics"

Article Abstract:

Thai Prime Minister Thaksin Shinawatra's potentially poisonous economic policy mix 'Toxinomics' is favoring his own personal business empire is hampering Thailand's economic recovery. A plea is made for sacrificing Shinawatra company interests for the broader interest of Thailand's economic progress.

Scientific Research and Development Services, Development, Economic Programs-Total Govt, Administration of Economic Programs, Economic development, Thaksin, Shinawatra (Thai prime minister)

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Morally bankrupt

Article Abstract:

Disputes with high-profile debtors TPI Polene and Asia Pulp and Paper are leading to creditor protests about weak bankruptcy law in Thailand and Indonesia. The new laws inflict a gross injustice on debtors, rather than correct an unfair disadvantage suffered by creditors.

Bankruptcy Law, Other Justice, Public Order, and Safety Activities, Indonesia, Paper Industry Machinery Manufacturing, Paper mills, Paper Industry Machinery, Demonstrations and protests, Paper industry, Asia Pulp and Paper Company Ltd., TPI Polene PCL

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