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โครงการหนังสืออิเล็คทรอนิกส์ด้านการเกษตร เฉลิมพระเกียรติพระบาทสมเด็จพระเจ้าอยู่หัว

SUFFICIENCY ECONOMY

çSufficiency Economyé is a philosophy bestowed by
His Majesty the King to his subjects through royal remarks on

many occasions over the past three decades. The philosophy
provides guidance on appropriate conduct covering numerous
aspects of life. After the economic crisis in 1997, His Majesty

reiterated and expanded on the çSufficiency Economyé in remarks
made in December 1997 and 1998. The philosophy points the way

for recovery that will lead to a more resilient and sustainable
economy, better able to meet the challenges arising from
globalization and other changes.

PHILOSOPHY OF THE SUFFICIENCY ECONOMY

çSufficiency Economyé is a philosophy that stresses
the middle path as an overriding principle for appropriate conduct

by the populace at all levels. This applies to conduct starting
from the level of the families, communities, as well as the level

of nation in development and administration so as to modernize
in line with the forces of globalization. çSufficiencyé means
moderation, reasonableness, and the need of self-immunity for

sufficient protection from impact arising from internal and
external changes. To achieve this, an application of knowledge

with due consideration and prudence is essential. In particular

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