This article is a welcome gift to Bangkok's new governor, Chadchart Sittipunt.
First, a fact of life: to successfully run a national government or a city government requires one common key factor -- money. With a poor fiscal position, high level of debt and inadequate domestic liquidity, the Thai government is nothing but a lame duck. It can only envy the Singaporean and Malaysian governments, which are offering their people financial assistances to cope with inflation. Indeed, if the Thai government had more money we would be seeing much cheaper petrol prices.
