Austerity doesn’t work – it’s official. An American bankers’ think tank, the Institute of International Finance, has just come out with a report which concludes the bleeding obvious: that the all-out pursuit of debt reduction at the expense of economic stimulus has made the Greek situation worse. The Institute’s chairman Charles Dallara, who worked for…

The Bangkok Art and Culture Centre, opened only four years ago by the municipal authorities, is a spacious modern nine-storey Guggenheim-style building. Its aims are to exhibit contemporary art, provide a meeting place for artists and hold community cultural events. When so many of Asia’s great galleries still appear to have little connection with their…