Thai economists are trying to work out the answer as the Government is hoping to barter chickens and rice to pay for everything from military aircraft to subway trains.
When Prime Minister Thaksin Shinawatra opened the bidding on Thursday for Thailand’s Bt1.7 trillion ($A58.63 billion) public works program, he said his Government was interested in alternative “financing mechanisms” — namely, bartering.
The highlight of the new projects is an expansion of Bangkok’s public transport system, expected to cost Bt550 billion. The Defence Ministry also wants to barter for fighter jets it is considering buying from Russia, Sweden or the US.
Mr Thaksin’s Government believes that bartering for such big-ticket items would help keep the country’s foreign debt ratio below 50 per cent of gross domestic product.
The scheme envisions trading farm goods already in government stocks, such as surplus rice, instead of using cash for at least part of the payment to foreign companies.
A barter trade committee has been created in the Commerce Ministry to assess the bids for the public works projects and negotiate how much chicken, rice or tapioca could be used to finance the deal.
Final regulations on bartering are expected in mid-February, but foreign companies are sceptical.
Nazir Rizk, who heads the Thai subsidiary of French engineering conglomerate Alstom, doubted whether barter was the best payment option. “A company like us, we don’t do barter, we sell trains. We cannot sell chickens,” he said.
Thanks for your concerns about my well being in Thailand’s restive southernmost provinces. I’m heading to Hong Kong on November 22 for a three-day course on how to survive conflict zones. AFP has run several courses before for people volunteering for Iraq and Afghanistan. I’ll likely put my hand up late next year for Kabul, but I’m not interested in Baghdad.
The insurance company has asked AFP to ensure their journalists can handle themselves when things turn ugly, such as police start shooting on a crowd. I’ve learned recently from Newsweek’s Joe Cochrane to smear toothpaste below your eyes when the cops are shooting tear gas around.
I’ll squish a tube in my back pocket when next I head south.
Thoughts on a silent night
Before my pool a bed of light –
Can it be frost upon the ground!
Eyes raised, I see the moon so bright;
Head bent, in homesickness I’m drowned
Li Bai (701-762)
From Songs of the immortals: an anthology of classical Chinese poetry.
I am running on fumes. And the tank’s nearly empty.
In four nights’ time, I’ll be stuffed inside an Emirates flight to Sydney.
I’m about to have my first trip home to Australia in more than a year.
Eighteen days’ break – the first time I’ve seen most of my family in 18 months.
And as often happens when I’m nauseous with homesickness, I imagine Australia and my home town to be more rich and vivid – and with journalism job vacancies — than when I grew up there.
And so now I dislike being away, and thinking that none of this is worth it because much has changed to my family and friends since I last saw them.
And now I frown at thinking I’m missing out on my young niece and nephew growing up and discovering the world.
So I consider packing up all my books and music and notepads and moving back to Australia – a regular mood I usually pass through easily.
Except this time it seems far more difficult a hill to trudge up than the others.
This time it’s the toughest because it’s taken so long to get home to Ballina, in New South Wales state.
Before the Bangkok job was offered, I’d head back every April, after covering the Hong Kong rugby sevens for the Standard newspaper.
Once a year was inadequate, but all I could get in a city that does not offer four weeks’ annual leave, the way Australia does today, but may not in a year.
Then, when the Thailand job was mine, they said they needed me urgently, so I kept quiet about wanting to go home.
It didn’t seem sensible to mention my mother was arriving in Hong Kong, and I wanted to be there to see her and her friend.
So I left Hong Kong on the Sunday. Mum arrived that Friday. She couldn’t change her flight at the last minute for Bangkok.
This is my first holiday proper – aside from long weekends – in a year, when I spent a big break in West Africa and Ireland/London.
Day one is breakfast in Sydney before being met by a beautiful girl, Kaos, who’s also timed her trip back with mine.
My wonderful father meets us at the Gold Coast airport for day two, and on to Gabba cricket ground in Brisbane to see Australia play West Indies in the first test. I hope we can argue about John Howard in the car…
The weekend’s with my sister Charm, and the gorgeous Bree and Caelum, including a trip to watch Bree at the local pony club.
Finally, Sunday night in Ballina and my mother’s company, to regale her and dad with my adventures. And then bore them with talk of moving back and trying to live somewhere quiet…
A trip to Broken Hill in western New South Wales, or Mitchell in western Queensland — to get some red dirt under my skin — have been scrapped in favour of seeing more of the land around Ballina and Kaos’ Kountry near Coffs Harbour.
Tired of telling people no, I’m not from Sydney, I now say I’m from Bunjalung country, northern New South Wales. Although I don’t speak a word of Bunjalung, nor know any Bunjalung Aboriginal people any more.
I spent most of my first 19 years growing up there, but hardly explored the southern parts of it. I never once visited Bunjalung national park, and perhaps once briefly saw a bit of Broadwater national park. It’s time I saw both, or Broadwater at the least (if only to help dent my uncle Doug’s likely certain observation that few people visit the park, despite them claiming national parks are vital).
Sentimentality took root in me early. I can still recall the day my cousins and I found an echidna (a spiny ant eater, native to Australia) while playing in the grounds of Lennox Head primary school in the mid 1980s) and picked it up.
And the Aboriginal corroboree ring in the scrub across the road from their house in Stewart Street.
I want to see if the ring is still there, or is now a housing estate, like many of the places we used to play in.
My cousins used to know how to sing the “heads, shoulders, knees and toes, knees and toes” song in an Aboriginal language, which may have been Bunjalung.
They learned it at Lennox Head school, with its white and green uniform.
It sounded like: “Bo wollygin jindoo ginner, jindoo ginner.”
I wonder how much they remember?
Finally, after catching up with as many friends in Brisbane and Sydney want to meet me, I’m going to Orange to see Nan.
When I spoke with her in August – and asked about what she remembers of the war in the Pacific and Hiroshima ending in 1945 – it made me realize people my age and from a white, middle-class background have nothing to complain about.
Nan married my late grandfather during the war. About two days later, Pa was posted to far north Queensland to serve in the Royal Australian Air Force. They didn’t see each for 18 months, until after the war ended.
They lived off letters.
My generation, me especially, devours cheap international telephone calls with cards or on the Internet, e-mail, discount air fares and fast mail services, and still we moan about being separated from those we love.
So hearing that from Nan on a Sunday afternoon has made me pull my head in, despite all you’ve read above.
I’ll be taking notes, and grabbing some hair samples to help make a specimen of how people should be built.
After people like my Nan and Pa, well, they broke the mould.
I'm an Irish mamaí, with one cute little boy, who likes to get around on our family's 2nd car aka our cargo bike. Follow what we get up to and the challenges we sometimes face as a family of cargo bike cyclists.