Laos

The Lao People's Democratic Republic is a communist country, like China to the North and Vietnam with which it shares its Eastern border. 

And like the bordering communist countries, the government has embraced limited private ownership and free market capitalism, in theory.  But there remain powerful vested interests, and residual pockets of political power, particularly in the agricultural sector, and corruption is a significant issue. 

During the past decade tourism has become an important source of income and is now generating around a third of the Nation's domestic product.  Tourism is centred on Luang Prabang and to a lesser extent the Plane of Jars and the capital, Vientiane.

Announcing Leander

(Born Wednesday 14 May 2014 at 5:23 AM, 3.3 kg 53 cm)

Marvellous.  Emily, my eldest daughter, has given birth to my first natural Grandchild (I have three step-grandchildren).  She and Guido have named him Leander.  Mother and child are well.

Electricity Pricing

 August 2012 (chapters added since)

Introduction

The present government interventions in electricity markets, intended to move the industry from coal to renewable energy sources, are responsible for most of the rapidly rising cost of electricity in Australia.  These interventions have introduced unanticipated distortions and inefficiencies in the way that electricity is delivered.

Industry experts point to looming problems in supply and even higher price increases.

A 'root and branch' review of these mechanisms is urgently required to prevent ever increasing prices and to prevent further potentially crippling distortions.