Thailand is one of the most beautiful destinations for travel in the world. And of course, there is so much more to this country. Thailand’s late King, His Excellency Bhumibol Adulyadej, was one of the longest reigning monarchs in history. Well regarded by his country, all that he learned was with the Thailand people. He created the Sufficiency Economy Philosophy. The Sufficiency Economy Philosophy is a happiness development approach, which emphasizes the middle path as an overriding principle for appropriate conduct by people at all levels (see more below).
The Get Related World Team explored Thailand’s food, people, culture and daily life. We learned Thailand’s citizens have created solutions to expand their economic growth, the importance of close familial ties. love of country all the way to its wildlife and oceans. This video will serve as only a fraction of what we discovered. We invite you to sign up with our newsletter as we share fascinating through the LENS of Thailand’s CITIZENS.
You will also see through this trailer how Thailand is paving the way with the United Nations Sustainable Development Goals, a group of goals designed to provide solutions to global issues where we are all able to live happy and healthy lives.
A further description of the Sufficiency Economy Philosophy is as follows (Definition below provided form an outside source):
The Sufficiency Economy Philosophy is an innovative approach to development designed for practical application over a wide range of problems and situations.
Source: Ministry of Foreign Affairs, Kingdom of Thailand
The Sufficiency Economy Philosophy was incorporated into the Ninth National Economic and Social Development Plan (2002-2006) as well as the Tenth Plan covering the period from 2007 to 2011. It is also part of the fundamental administration policy of the state, as stipulated in Section 83 of the Constitution of the Kingdom of Thailand of 2007, that The State shall encourage and support implementation of the Sufficiency Economy Philosophy.
At the individual and family level, it means living a simple life, living within one’s means, and refraining from taking advantage of other people.
At the community level it involves joining together to participate in decision-making, developing mutually-beneficial knowledge, and appropriately applying technology. It favours the “natural principle” wherein one employs natural resources readily available in each locality.
At the national level, it postulates a holistic approach with an emphasis upon appropriateness, competitive advantage, low risk, and avoiding over-investment. It involves keeping abreast with what is happening elsewhere in the world, hedging investments, and reducing imports and over dependence on other countries.