%0 Journal Article
	%A Prasopchoke Mongsawad
	%D 2008
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 17, 2008
	%T Sufficiency Economy: A Contribution to Economic Development
	%U https://publications.waset.org/pdf/10999
	%V 17
	%X The Philosophy of Sufficiency Economy, bestowed
by His Majesty the King Bhumibol Adulyadej to the people of
Thailand, highlights a balanced way of living. Three principles of
moderation reasonableness, and immunity, along with the conditions
for morality and knowledge, can be applied to any level of the
society–from an individual to the nation. The Philosophy of
Sufficiency Economy helps address the current development
challenges, which are issues on institutions, environmental
sustainability, human well-being, and the role of the government.
	%P 474 - 481