Showing 1 - 10 of 12
The effects of unfinished momentum
News, Peerasit Kamnuansilpa, Published on 08/11/2025
» Why do some nations surge confidently into the future while others advance only in half-steps, not declining but not accelerating either? In their influential book Why Nations Fail (first published in 2012), Daron Acemoglu -- now a Nobel Prize economist -- and James Robinson, both economists and political scientists at the University of Chicago, offer a helpful lens for understanding Thailand's development path without casting blame or provoking division.
From FDI to homegrown growth
Oped, Peerasit Kamnuansilpa, Published on 11/09/2025
» For decades, Thailand has leaned heavily on foreign direct investment (FDI) as the engine of growth. That strategy once delivered jobs and exports, but today it yields diminishing returns. Inflows are volatile, competitiveness is slipping, and dependence on external capital leaves the economy vulnerable to global shocks. Thailand must change course.
Lessons and hopes from May 11 poll
Oped, Peerasit Kamnuansilpa, Published on 22/05/2025
» The May 11 municipal elections across Thailand, although extensive in scope, offered little to celebrate in terms of democratic progress. Rather than signalling a political shift or new energy in local governance, the results underscored a deeply familiar pattern: vote buying remains the dominant strategy in Thai politics.
Time to rethink Thailand's soft power
Oped, Peerasit Kamnuansilpa, Published on 09/04/2025
» For years, Thailand has marketed itself to the world through golden temples, glittering beaches, street food, and warm hospitality. The "Land of Smiles" has become a global brand, but soft power is not a marketing campaign -- it's a long game of developing and nourishing values, trust, and strategic diplomacy. In that game, Thailand is falling behind.
Drug crisis deepens our economic woes
Oped, Peerasit Kamnuansilpa, Published on 11/12/2024
» Thailand faces a dual crisis that threatens the foundation of its future economic development: declining fertility rates, leading to a shrinking population and a simultaneous surge in drug addiction rates.
Revamping development strategy
Oped, Peerasit Kamnuansilpa, Published on 17/08/2024
» Thailand's economic trajectory is teetering on the edge of regression, demanding immediate attention. Thailand's growth rates in the first quarter of 2024 fell behind all Asean member countries except Myanmar. These facts cast serious doubts on the efficacy of traditional economic development strategies. The primary goal of enhancing the well-being of Thai citizens is at stake.
On why Thailand is politically unstable
Oped, Peerasit Kamnuansilpa, Published on 15/11/2023
» Since the 1932 revolution -- triggered by a coup by progressive elites that replaced the absolute monarchy with a constitutional monarchy -- Thailand's politics have been marked by persistent conflict and instability.
Thailand's development model splutters
Oped, Peerasit Kamnuansilpa, Published on 16/03/2023
» Location-based economic development (LED) strategies, defined as government efforts to improve a particular area's economic and social conditions, were implemented in economically advanced countries long before they were in Thailand.
Rescuing Thailand from the middle-income trap
Oped, Peerasit Kamnuansilpa, Published on 07/07/2022
» Eleven years ago this month, Thailand made a laudable achievement by moving from the category of a lower middle-income country to an upper-middle-income country.
Leading by serving, not ruling
News, Peerasit Kamnuansilpa, Published on 24/05/2021
» About two weeks ago, through a Facebook group, more than half a million Thais expressed a desire to leave Thailand to settle down in countries such as the United States, Canada, the United Kingdom, Germany, Sweden, Norway, Australia and New Zealand, among others.