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Search Result for “workforce crisis”

Showing 1 - 9 of 9

OPINION

We don't need 'Seven Dangerous Days'

Oped, Peerasit Kamnuansilpa, Published on 27/02/2026

» Every Thai driver recognises the moment. The light turns green. Naturally, you can move; yet in Thai-style traffic, your instincts tell you to be hesitant. Despite the traffic light, a reckless motorcycle may still cross. A pickup may not stop. Drivers behind start honking as they wait to pass through the intersection. For a brief second, drivers just cannot afford to be certain about how others will behave.

OPINION

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.

OPINION

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.

OPINION

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.

OPINION

Harnessing Thailand's human capital

News, Peerasit Kamnuansilpa, Published on 28/06/2024

» Thailand is currently on a distressing trajectory towards depopulation, with the number of deaths each year surpassing the number of births. The latest available data from the Department of Provincial Administration paints a grim picture, showing over 48,000 more deaths than births last year. This number is set to escalate as the number of births continues to plummet and death rates surge. Should the current trend persist, by 2083, Thailand's population is projected to shrink by half to 33 million. The leading cause of this demographic dynamic is the decline in fertility rates among Thai women. These declining fertility rates have severe repercussions and thus warrant the attention and actions of national leaders.

OPINION

Don't underestimate the power of hope

Oped, Peerasit Kamnuansilpa, Published on 27/10/2023

» Most Thais live with the hope of a better future. Their hopes play a crucial role in promoting the well-being of citizens and society. When people hope, they are more likely to persevere in adversity and take steps to overcome obstacles to improve their lives. In other words, hope motivates them to pursue meaningful goals.

OPINION

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.

OPINION

Less local control a threat to Thai democracy

Oped, Peerasit Kamnuansilpa, Published on 19/11/2021

» After an almost seven-year suspension, Thailand held its first local elections for chief executive officers (CEO) and council members of provincial administrative organisations (PAO) on Dec 20, 2020, followed by the election of mayors and city council members on March 28 of this year.

OPINION

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.