Spreading the Message of the Sufficiency Economy Philosophy

More than 150 representatives of government agencies, the business sector, and local communities, as well as farmers will gather at a seminar to discuss effective ways to spread the message of the Sufficiency Economy philosophy.

The seminar, “Sufficiency Economy: The Way Out for Thailand,” is scheduled for 19 June 2014 at the Office of the Royal Development Project Board in Bangkok.

Mr. Ampol Senanarong, Privy Councilor, will preside over the opening of the seminar and give a special lecture on Sufficiency Economy as a Solution for Thailand. On this occasion, the Office of the Royal Development Project Board will introduce royally initiated projects and Sufficiency Economy Learning Centers.

Sufficiency Economy is a philosophy imparted by His Majesty the King to his subjects through royal remarks on many occasions. The philosophy provides guidance on appropriate conduct covering numerous aspects of life. It has three key principles: moderation; wisdom or insight; and the need for built-in resilience against the risks that arise from internal or external change.

The idea of moderation is an important pillar of the Sufficiency Economy philosophy. It teaches people that economic development and modernization must be better balanced and take into account the well-being of the people, their economic, social, political, and environmental needs, so that the country is resilient and protected from both external and internal shocks.

His Majesty the King’s Sufficiency Economy philosophy has been cited as one of the suitable models for developing countries to achieve development in the face of global challenges. This philosophy is guiding Thailand’s development policies and has also received attention from the international community.

In 2006, the United Nations Development Program’s first Human Development Lifetime Achievement Award was presented to His Majesty King by the United Nations Secretary-General, in recognition of His Majesty’s philosophy and development projects.

His Majesty made clear in many speeches that the Sufficiency Economy philosophy is not aimed solely at the poor and needy. It advocates that families, communities, and government officials follow the “middle path” on how to live and behave in developing and administering the country.

Since 2010, the Royal Development Project Board has coordinated the setting up of Sufficiency Economy Learning Centers to spread the message of this concept to all sectors of Thai society. From 2010 to 2013, a total of 25 centers were established and they have operated in accordance with their geographical location. Another 22 centers will be set up in 2014.

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