Category Archives: Thailand

Developed Countries Should Lower Trade Barriers, Period

In the wake of the devastating tsunami that parts of Asia in December, the World Trade Organization’s Supachai Panitchpakdi urged developed nations to lower trade barriers with nations hit by the tsunami.

How pathetic. The developed world should eliminate their ridiculous trade barriers with developing nations permanently. Such barriers have done far more long-term damage to […]

Wacky Proposal for a Rice Cartel

Sometimes there are stories which are so self-refuting that it’s hard to provide further commentary. Such is the announcement that China, India, Pakistan, Thailand and Vietnam are investigating ways to cartelize world rice markets. They want to do for rice what OPEC has done for oil.

Rice prices have been in free fall since 1997, losing […]