efn Asia
The Global Competitiveness Report 2011-2012 PDF Print E-mail
Tuesday, 10 January 2012 17:10

The World Economic Forum’s Centre for Global Competitiveness and Performance through its Global Competitiveness Report and report series, aims to mirror the business operating environment and competitiveness of over 140 economies worldwide. The report series identify advantages as well as impediments to national growth thereby offering a unique benchmarking tool to the public and private sectors as well as academia and civil society.The Centre works with a network of Partner Institutes as well as leading academics worldwide to ensure the latest thinking and research on global competitiveness are incorporated into its reports.

The 300 baht minimum wage What has happened, what needs to happen PDF Print E-mail
Friday, 13 March 2015 16:14

The past ten years have not been a stellar time for economic policy making in Thailand. The country has seen 6 different governments over the past 10 years. But regardless of who was in power, the overwhelming majority of the policies enacted have been essentially populist in nature. Thailand Future Foundation, leading by Dr Sethaput Suthiwart-Narueput, revealed what has happened after two years of the use of the 300 baht minimum wage policy. The paper is also giving light of what needs to happen for Thailand to move forward.

Click at the image below for the full report.

Longer than ever: a patient's wait for health care in Canada PDF Print E-mail
Monday, 16 January 2012 11:11

By Bacchus Barua and Mark Rovere

The Fraser Institute's 21st annual waiting list survey finds that the total waiting time between referring to a general practitioner to a delivery of medically necessary elective treatment by a specialist has risen from 18.2 weeks in 2010 to 19 weeks in 2011. At 104 percent longer than 1993, this is the longest wait time recorded since the Fraser Institute began measuring wait times in Canada. Moreover, when compared to Australia, Germany, New Zealand, the United Kingdom, and the United States, 'Canada ranks last next-to-last on almost all measures of timeliness of care.'

"Competition – Engine for Prosperity“ The 2011 Economic Freedom Network Asia (EFN) conference PDF Print E-mail
Friday, 21 October 2011 14:20


Impressions from the EFN 2011 conference themed "Competition - Engine for Prosperity". Kuala Lumpur, 10 - 13 October 2011


"Competition – Engine for Prosperity“ , this was the title of  this year’s Economic Freedom Network Asia (EFN) conference. The conference took place in Kuala Lumpur from 10th to 13th October 2011. The Economic Freedom Network Asia is a network of research institutes, practitioners, influential think-tanks, and individuals with an object of promoting the benefits of the market economy, civil society and individual liberty, which enhance human development and economic growth in Asia.

What’s up with the Greek crisis? Concerns from Asia PDF Print E-mail
Friday, 20 February 2015 18:07

By Siegfried Herzog, Regional Director Southeast and East Asia, Friedrich Naumann Foundation for Freedom

Greece and the rest of the European Union countries face an unprecedented showdown these days. The outcome might well affect the world economy to some extent and will thus impact on Asia in one way or the other due to the continuing importance of the European Union for world trade and the financial markets. It also holds lessons for policymakers worldwide, namely that decisions that disregard fundamental economic principles tend to produce unpleasant consequences sooner or later.

Creating the Euro was an audacious undertaking that was mainly motivated by politics: It was meant to bind Europe closer together after German unification. It was also seen as a way to lower transaction costs in Europe and thus complement the fully integrated Common Market. However, economic theory tells us that a currency union works best if the member economies are similar and in sync with each other. This did not really apply to all Eurozone members and it definitely did not apply to Greece. The construction of the Euro therefore included fairly stringent rules, the Maastricht criteria, on the size of public deficits, debt ceilings and individual liabilities for national debt. This was meant to ensure a certain economic synchronicity and robustness. A joint liability for debt was excluded because member countries would then have to pay for fiscal decisions of one member country without being able to influence the decision or discipline errant behavior. This point was crucial for Germany as it wanted to ensure that the new currency would be a strong and stable one – like the Deutsche Mark that it gave up.


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