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Wellbeing: For All with Sufficiency Economy
Thailand has enjoyed both positive and negative development outcomes during the globalization era. Thailand was one of the few countries with the fastest rate of economic growth in the 1980s but was also the first to suffer from a severe economic crisis in 1997. Nevertheless, Thailand never really learned its hard lessons. The country is still severely facing ongoing problems of political chaos and corruption. This paper aims critically to address the chronic issues prevailing in Thailand, interpret the philosophy of the 'Sufficiency Economy' and finally, encourage the practice of 'Sufficiency Economy' at all levels in different sectors of Thai economy. The paper recommends that if Thailand seriously implemented this economic philosophy, the current problems of political instability, poverty, and socioeconomic conflicts would be alleviated and the well-being of the Thai people as a whole would be improved.
| 0774/2018 | 330 WAN W | dias rachmat library | Available |
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