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This public forum took an integrated view of geopolitics and geoeconomics, looking at implications of digitalization and disruption.
Dr Ana Tavares-Lehman, a former vice minister of industry in Portugal, said that governments should not be betting on one technology but aim for a "platform" economy of diverse technologies. Traditional models of growth are becoming obsolete. It is better to move up the Global Value Chains than undertake corporate mergers as in the past, with greater needs for upscaling and digitalization.
Dr Chaipong Pongpanich noted that Thailand has been stuck in the Middle Income Trap for three decades and need to move into S-curve industries to move up the value chains, including automotive, smart electronics, value tourism, and agro-biotech.
Dr Pavida Pananond noted that Fourth Industrial Revolution technologies will take over many of the jobs of today and that moving up value chains is necessary to adapt to new profound trends.
Mr Prinn Panitchpakdi indicated a need for increased awareness of advancing technologies through more evidence-based education and training, taking lessons from Europe, such as the Netherlands on biotech and water resource management.
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