The King’s Philosophy, Sufficiency Economy : Wisdom of Thailand

Abstract

This article was the study of values of the King’s philosophy of sufficiency economy: wisdom of Thailand in which His Majesty King Bhumibol Adulyadej gave his royal grace for the benefit of the Thai people. Throughout 70 years of his reign, this philosophy of sufficiency economy was a main idea used to solve problems due to the economic crisis as well as an important idea used to develop the society and country among globalization effects. The Thai people should be aware of the value and importance of this philosophy and should pass it on to the Thai children and youth so that they can learn His Majesty King Bhumibol Adulyadej’s thoughts and works, including the ways of living with local communities and working.