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Former WTO Chief urges Thai gov’t to address inequality

A former director general of the World Trade Organisation (WTO) has imagined the future of Thailand, after COVID-19 crisis, in a seminar focused on decentralisation and inequality reduction, saying that democracy is being undermined by three factors.
Former WTO Chief urges Thai gov’t to address inequality ảnh 1(Source: prd.go.th)

Bangkok (NNT/VNA) - A former director general of the World TradeOrganisation (WTO) has imagined the future of Thailand, after COVID-19 crisis,in a seminar focused on decentralisation and inequality reduction, saying thatdemocracy is being undermined by three factors.

The King Prajadhipok’s Institute held its 22nd Congress with the theme of thenew image of decentralised Thailand to reduce inequality: lessons learned fromCOVID-19, with former Director General of the World Trade Organisation SupachaiPanitchpakdi delivering the speech on Thailand’s new image post-crisis.

Mr. Supachai has referred to the Future of Democracy study from CambridgeUniversity, where a higher unemployment rate, corruption and inequality areidentified as common factors which undermine democracy, based on research inmore than 100 countries.

The former WTO chief said the solving of the COVID-19 pandemic must be donefirst, as success will allow the economy to recover without much intervention.

He suggested, however, that social inequality and unemployment need to beurgently addressed, along with the enhancement of the grassroots economy,through the implementation of the Sufficiency Economy Philosophy, as aguideline for communities to become self-sufficient.

Mr. Supachai has also urged the promotion of social participation, to improvenegotiating powers, as both Thailand and the ASEAN are large markets thatreceive much interest from the global community./.
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