Kenan’s founding was a response to Thailand’s incredible development as a market-based economy between 1970 and 1990. Rapid growth changed Thailand’s view of itself from an under-developed country in need of outside assistance to one not only capable of helping itself, but able to assist its neighbors as well. This view was strongly supported by key Thai technocrats involved in national economic and social development led by Prime Minister Anand Panyarachun.
