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
12.30 – 13.00 Welcome and registration of participants
13.00 – 14.30 Policymakers’ lunch debate
14.30 End of debate
Shada Islam, Director of Europe & Geopolitics at Friends of Europe