Thai International Postgraduate Programme

Theme: Sufficiency Economy Philosophy

SUFFICIENCY ECONOMY PHILOSOPHY
 
Thailand’s Home-Grown Approach to Sustainable Development
 
Sufficiency Economy Philosophy (SEP) was introduced in 1974 by His Majesty the late King Bhumibol Adulyadej.  SEP is an approach for sustainable development which espouses moderation, reasonableness and prudence as development framework based on knowledge and virtue. The Philosophy attaches great importance to human development at all levels and emphasizes the need to strengthen community’s capacity to ensure a balanced way of life and resilience, with full respect for the environment.
 
SEP shares ultimate common principles and objectives with SDGs, seeking to eradicate poverty and reduce inequality as a means to achieve sustainable development, and strike the right mindset towards the balance among three dimensions of sustainable development. 
 
The concept of SEP aligns with many goals and targets across the 2030 Agenda for Sustainable Development, some of the more prominent applications of the SEP in our sustainable development endeavor include poverty eradication, food security, sustainable economic growth, sustainable industrialization and sustainable consumption and production. As an approach and mindset framework, SEP can be applied with all 17 SDGs and therefore could support and complement the successful implementation and realization of the 2030 Agenda on Sustainable Development.  
 
Over the recent years, Thailand has been able to share with international community the application of SEP, our home-grown approach to sustainable development.  A number of bilateral and trilateral “SEP for SDGs” partnership programmes has been fostered especially with developing countries. In addition to the said schemes, TICA is now offering a number of training fellowships and scholarships on the SEP.