Showing 1 - 6 of 6
Rethinking local flood management
News, Peerasit Kamnuansilpa, Published on 12/12/2025
» As global temperatures rise, extreme rainfall and severe flooding are happening around the world. The science is clear; with every 1 degree Celsius increase, the atmosphere will hold 7% more water vapour. This may explain why storms are more intense as the world warms.
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.
Thailand must redefine FDI for future
News, Peerasit Kamnuansilpa, Published on 14/08/2025
» Thailand's economic future looks increasingly uncertain. Once a rising star among emerging markets, the country now faces persistent stagnation. A key reason lies in how we have treated foreign direct investment (FDI) -- not as a strategic lever for national economic development but as a short-term fix driven by rent-seeking behaviour, bureaucratic collusion, and a failure to safeguard the nation's long-term economic interests and its goals for equitable development.
Thailand still has chance to shine
Oped, Peerasit Kamnuansilpa, Published on 31/07/2025
» Thailand's economy is losing momentum. Growth rates have steadily declined, from 7.2% in 2012 to just 1.9% in 2023. Without a new vision for development, the country faces the real possibility of becoming stuck in permanent stagnation. The absence of bold leadership and structural reform has left Thailand vulnerable, while its regional peers -- Singapore, China, and South Korea -- surge ahead. These countries have demonstrated that visionary and compassionate leadership, combined with political reform and good governance, can transform the economic fortunes of an entire nation.
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.
The path to poverty in Thailand
Oped, Peerasit Kamnuansilpa, Published on 20/01/2021
» Thailand has had an interesting journey to its current ranking of sixth in the world, and first in Asia, in income inequality, as cited by the World Population Review. The country has historically been a patronage society, where the upper echelons of society are expected to look after those who are underprivileged.