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THAILAND’S SUFFICIENCY ECONOMY AND AGENDA 2030 – Showing the way forward for sustainable development?

The 2030 Agenda for Sustainable Development urgently calls for new development models that can find a balance between people, planet and prosperity. Thailand’s Sufficiency Economy concept, which emphasises moderation and development from within, could prove to be such a model. Its application to rural development, with a focus on small-scale agriculture, appropriate farming technologies and sustainable use of water resources, has helped rural farmers with limited resources to find innovative sources of income and heavily contributed to reaching the Millennium Development Goals (MDGs) targets in Asia. But its applications go beyond agriculture, including in finance and trade.

  • Is the Sufficiency Economy concept applicable to other developing and developed countries?
  • Are new indicators of growth and development needed, encompassing more than Gross Domestic Product (GDP)?
  • With world trade in crisis, can any lessons be drawn from the Sufficiency Economy concept?

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IMAGE CREDIT: CC / FLICKR – Dennis Jarvis

Programme

12.30 – 13.00 Welcome and registration of participants
13.00 – 14.30 Policymakers’ lunch debate
14.30 End of debate

Moderated by
Shada Islam, Director of Europe & Geopolitics at Friends of Europe

Speakers

  • Supachai Panitchpakdi

    Director General of the World Trade Organization (WTO) (2002-2005) and Secretary General of the UN Conference on Trade and Development (UNCTAD) (2005 - 2013)
    Supachai Panitchpakdi was the first WTO Director General to come from a developing country. He previously served as Deputy Prime Minister and Minister of Commerce of Thailand, successfully coordinating his country’s response to the Asian financial crisis of the mid-1990s. He has published a number of books, including Globalization and Trade in the New Millennium.

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