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Search Result for “middle-income trap”

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THAILAND

University fee subsidies linked to growth agenda

Post Reporters, Published on 16/07/2025

» More scholarships will be made available to address national priorities, including artificial intelligence (AI), semiconductors and soft power sectors such as food, tourism and sports, according to Thailand’s new higher education minister.

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OPINION

Cost, benefit of global value chain

Oped, Published on 11/07/2025

» Geopolitics are a major driver of the deglobalisation now being spearheaded by the United States. But there are also economic arguments to be made for bringing supply chains closer to home. So, what are the economic costs of globalisation, and do they outweigh the benefits?

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OPINION

Why investing in people matters

Oped, Published on 04/07/2025

» Asean is striving to enhance its competitiveness on the global stage and readiness for a transition under its Carbon Neutrality Strategy. However, Asean will not be well-positioned to become an important part of the global net-zero economy without a robust human capital development to produce skilled, educated, and healthy individuals to drive the energy transition. Human capital has been a central ingredient in economic development, as evidenced by the bloc's Human Capital Index -- which ranges from 0.5 to 0.8 -- which demonstrates a positive correlation with Gross Domestic Products (GDP) per capita.

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OPINION

Can 'Land Bridge' ignite growth?

Oped, Published on 18/06/2025

» Thailand has long struggled to escape the middle-income trap. Despite its strategic location at the heart of the Association of Southeast Asian Nations (Asean), the country continues to trail regional peers in GDP growth, capital market performance, and infrastructure competitiveness.

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OPINION

Rethinking leadership in Thailand

News, Peerasit Kamnuansilpa, Published on 14/06/2025

» Thailand stands at a development crossroads. On the surface, the nation has invested heavily in education, innovation, and technical training. Each year, it produces a new wave of high-achieving graduates, particularly in the fields of science and technology. Yet, the country remained mired in a persistent middle-income trap. The question is not whether Thailand has talent, but whether it has the institutional culture and civic direction to channel that talent into meaningful national progress.

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OPINION

Middle powers in the US-China trade war

Oped, Published on 14/05/2025

» As US tariffs begin to reshape global trade flows, many countries are worried that a tsunami of discounted Chinese goods, originally destined for America, will hit their shores. To keep them out, especially as recessionary pressures mount, some may be inclined to impose their own tariffs on Chinese imports. In that case, China would be cut off entirely from international trade, delivering an unexpected victory for US President Donald Trump, who would undoubtedly claim credit for this new Great Wall.

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OPINION

Empowering middle-income states

News, Published on 28/04/2025

» Spanning across all regions of the world -- from Latin America to Africa, from Eastern Europe to Southeast Asia and the Pacific -- middle-income countries (MICs) constitute over 100 countries, hosting 75% of the world's population and producing 35% of global GDP. Many MICs are in Asia.

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OPINION

Growth game plan

Oped, Postbag, Published on 14/03/2025

» Re: "TDRI wants govt to upskill workers", (BP, March 10) & "Indonesia's lack of skilled youths hinders growth", (World, March 12).

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GENERAL

Small firms urged to embrace innovation, productivity

Business, Suchit Leesa-nguansuk, Published on 06/03/2025

» Thailand must improve productivity through innovation in order to escape the "middle-income trap", according to the World Bank.

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OPINION

Lacking legal protection

Postbag, Published on 02/03/2025

» Re: "Thailand deports 40 Uyghurs to China", (BP, Feb 27).