The world has stepped into the era of dividing power.


TDRI Reveals Russo-Ukraine War Pushing the world into the era of dividing power, pointing out that Thailand has to hit 3 big problems, choosing the side that drives the economy Ready to open the strategy must do Hope the new government understands the geopolitical conflict

On April 2, 2022, Mr. Somkiat Tangkitvanich President of the Thailand Development Research Institute (TDRI) revealed that after the war between Russia and Ukraine, there are three world poles, namely the European world. and America that are closer together, thus becoming one of the poles that define the world system The next group was China, and the last was other countries. the rest of the world, however, the first two poles can set economic standards. and various technologies, which Thailand is an important point in Southeast Asia to choose a side Because the next phase tends to be 2 competing standards.

“The pattern we see now is technology. If 6G happens, there will be a fight over the supply chain. Which will have a standard between the west and China, where Thailand will face the problem of which side to choose to play And there are still many socio-economic standards to be decided. Which still has a problem that a small country like Thailand is difficult to set up the rules of the world.”

In this regard, Thailand has to overcome 3 problems which are as follows:

1. Maintaining proper distance from conflicting parties which must be kept at the same distance

2. Thailand must manage the balance of the economy properly. At present, the export aspect is still well managed. But in the details, there must also be a balance. This may affect policy making, such as managing the balance of tourists. that rely on many Chinese tourists Before the COVID-19 outbreak, 39 million foreign tourists who came to Thailand were about 1 in 3 Chinese tourists. Still not allowed to travel outside the country Thai tourism is deteriorating.

3. Technology, which is another part that must be decided Although at present, Thai technology is not yet developed to be involved in the strategic supply chain that has conflicts between China and the United States. including the western world But in the future it will be pressure to want to choose a side.

Mr. Somkiat said that the Thai economy under a geopolitical structure in which the world is dichotomous. Thailand’s strategy to do is to focus on regional integration. especially ASEAN. which will use ASEAN as a market, labor and energy source. As ASEAN is now a fast growing market with a population of 620 million and an average economy of 5%.

While Thailand can do 3%, it is considered very good. As the population is only 70 million and the other area of ​​economic growth close to ASEAN is China, which has a population of 1.4 billion. China is in a polarized world, so Thailand should step back. to maintain a proper distance

“Economically, we should find more new markets. and proposed to be the ASEAN market because it is a suitable group for Thailand which we have medium technology We have brands that are in the ASEAN market. and ASEAN can still be a source of labor including energy sources Now we rely on electricity from Laos. If you can connect the electricity newscasts across ASEAN will have the opportunity to manage the internal energy properly as well Thai businesses have seen this opportunity for quite some time. By companies listed on the Stock Exchange of Thailand (SET), there are 220 companies that have invested in ASEAN, invest 150 billion baht per year, get income back 500 billion baht per year, from the income that Thailand has received from foreign investments of 3 million. million baht”

At the same time, a new type of work must be created in Thailand. In the future, the production base will be relocated from various conflicts. which will be an opportunity for Thailand In order to attract higher investments in technology, however, the political direction must be more consistent with the country for home. for the benefit of both parties. Thailand has a good relationship with the superpowers. These relationships must be maintained. because it will allow Thailand to find a market in the world Even at present, Thailand is not at the point of having to choose a side. But this note will come one day.

Democracy is seen as the future for countries in the world and Thailand is expected to hold elections next year. which is seen as a free government election and more fairness by electing a new government to be acquired Therefore, the new government must understand the geopolitical conflict. more than it is both prime minister and the Minister of Foreign Affairs will play a greater role. Therefore, I would like to see the new Thai government maintain proper balance with the superpowers.

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Read the original news: The world has stepped into the era of dividing power, “TDRI” recommends solving the problem, setting up a strategy to move the economy.


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