Showing 1 - 5 of 5
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.
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.
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.
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.