Bangkok: The current global economic situation is entering a critical juncture. Geopolitical conflicts, technological competition, and the restructuring of supply chains are becoming factors that determine the direction of the economy more than market mechanisms alone.

According to Thai News Agency, Dr. Supavud Saichue believes the world is shifting from an era of globalization driven by efficiency and low costs to an era where "security" and "national interest" outweigh traditional cooperation. Countries are reducing their interdependence and forging clearer strategic alliances.

For Thailand, this transition is highly significant because the Thai economy relies heavily on exports, foreign investment, and global supply chains. If the global economic structure changes, Thailand will be directly affected.

The key challenge, therefore, is not just to cope with external factors, but to enhance domestic capabilities. This includes increasing labor productivity, investing in technology and innovation, developing workforce skills to align with future industries, and restructuring the economy to be more resilient.

Dr. Supavud pointed out that in a world where uncertainty is the norm, the countries that survive are not the largest, but those that adapt quickly and have a long-term vision. If Thailand continues to rely on the old economic model, the risk of a long-term slowdown will become even more apparent.

The key question, therefore, is whether Thailand will choose to adapt proactively or wait for external forces to compel change.