Pasuk and Baker met with reporter Robert Horn recently and they discussed the economy, reform efforts and upcoming national elections.

CNN: ASIANOW - TIME Asia | 'People Are Tired of this IMF Mantra of Reform'

"Economic decision-making is not strict enough, not transparent enough, " says Pasuk.

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It was a simple calculation, Pasuk told an audience at the World Bank meeting in Hong Kong: devalued baht would lose a lot of people a lot of money.

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No one has been better than Pasuk Phongpaichit and Chris Baker at explaining how Thailand transformed itself from a sleepy backwater to the world's fastest growing economy -- and subsequently ignited the Asian meltdown.

CNN: ASIANOW - TIME Asia | 'People Are Tired of this IMF Mantra of Reform'

Thank goodness for Pasuk Phongpaichit.

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