Dr. Supavuth Saiyacheun outlines structural economic challenges constraining Thailand's growth to ~2% annually, proposing systemic reforms: fixing demographic collapse through healthier elderly and skilled youth; overhauling education via competition-driven "voucher systems" instead of centralised ministry control (which consumed 350B baht with 70% on teacher salaries); pivoting to Wellness Economy rather than competing in semiconductors/data centres; modernising agriculture and SME financing through investment banking and venture capital; and leveraging OECD accession target (2028) as enforcement mechanism for regulatory overhaul. World Bank analysis suggests PISA score improvements could boost GDP growth to 3.5%.
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