ADVERTISÉMENT : Of his kingdom over a peri0d Of decades; researching' : experimenting, using trial and error tO find what workS' : and with the participation and feedback from the : villagers themselves. "The Sufficiency Economy places humanity at the : center, focuses on well-being rather than wealth' makes ・ sustainability the very core Ofthe thinking, understands : the need for human security and THAILAND'S : buildingpeople's capabilitiesto developtheir potential"' : wrote 」 oana Merlin-Scholtes Of the United Nations : DeveIopment Program. PATH TOWARD : Many Of the philosophy's tenets and principles were : piloted in more than 4,000 royaldevelopment projects SUSTAINABLE : and 8,000 model Sufficiency Economy Villages. Pi10ts : that proved successful were Often adOPted and scaled : up by the government tO amplify and extend their DEVELOPMENT : benefits tO more people nationwide. : The philosophy's approach blends knowledge and virtue: ・ reasonableness, moderation and prUdent decision- GOALS : making are at its core. As Thailand's economy tOOk 0 幵 : with a strong component Of agricultural export* many : farmers engaged in mono-cropping tO pursue as much : profit as possible. But when market forces beyond their : control sent prices crashing, they found themselves in ThaiIand's Sufficiency Economy : ・ debt and without enough t0 eat. That convinced many : farmers tO try the Sufficiency Economy PhilOSOPhY. They PhiIosophy is a powerful t00 は 0 end . : began growing vegetables, raising chickens and fish' and poverty and help 0thers achieve . : reducing their dependency on a single crop. The farmers : whO diversified were able t0 withstand subsequent the Sustainable Development ・ : economic shocks and uplift their families. Goals of the United Nations. : Those same principles can be applied tO many fields ー business, government, even life in general. : that practice prudent stewardship Of increasingly 20 POVERTY. The first go 引 Of the 17 Sustainable : scarce natural resources, and encourage rather than ・ Development Goals Of the United Nations sounds SO : repress diversity in their societies and economies, : simple, but has proven enormously difficult tO achieve. ・ increasingly find they have the human capital, wealth : Despite progress made by many nations in recent ・ : and innovation tO survive and thrive in an increasingly : decades, more than 3 billion people, half Ofthe world's : unpredictable world. : population, still live on less than $ 2.50 a day. Even ・ : more heartbreaking, a billion Of the world's children : は shouldn't be surprising that a practical approach ・ remain mired in hardship and want. The stubborn : t0 sustainable development would be found in a : persistence Of poverty has led some t0 doubt whether : relatively small country that isn't ranked among the : glObal economic powerhouses. Because it iS Often in : it can ever be defeated. Many believe it can be, but the : small developing nations where the negative impacts : question remains: hOW? ・ Of globalization can hit hardest and present the most : One nation With a proven formula for success in ・ : difficult challenges tO overcome. : alleviating privation isthe Kingdom ofThailand. A nation ・ : of 69 million situated at the crossroads Of Southeast : 旧 the spirit of fellowship with 訓 nations and the global : Asia, "ThaiIand has made remarkable progress in : poor, ThaiIand has been offering its knowledge and ・ SOCial and economic development ... With sustained : experience with the Sufficiency Economy PhiIosophy to : all those in need. And the world has been welcoming : strong growth and impressive poverty reduction, : said the WorId Bank. Just 30 years ago, 67 percent of : Thailand's contribution. There is a "need to embrace : Thais were living in poverty. Today, that figure is about : the Sufficiency Economy Philos 叩 hy for the sustainable : 10 percent and falling, and just 0.6 percent are living : Development Goals in 訓 the key sectors," said Amina : in extreme poverty. lnvestment and exports helped : Mohamed of Kenya's Ministry of Foreign Affairs. TO date, ・ generate economic growth and development, but Thai : representatives from 105 countries have participated in ・ leaders have 引 SO adopted a set of policies to spread い " 。。。。。。。 0 " 。唹師加 t[dlllll)gs ー they are sustainable. Those policies are driven by the ! Sufficiency Economy p わ〃 os 叩わ y. ・ ' 000 0 。 0 。 00 , 00 HOW DOES "SEP GET US TO "SUSTAINABILITY ” ? We make sure that ou 「 decision-making is in line with three basic principles. 肝 / 0 を ・ justenough ・ Wlthin capacltles ・ avoiding extremes: overindulgence, depnvation ・ assessrng causes and 臨 可 actions on 訓 stake-holders including the environment ・ risk management ・ preparing future impacts 0 「 change ツ We use SEP in makingdecisions, accordingto ou 「 knowledge and virtues: VIRTUES KNOWLEDGE ・ Honesty ・ Altruism ・ Perseverance ・ Mindfuiness ・ lnsight ・ Right understanding ・ Prudent application 十 THAILAND POVERTY REDUCTION 」 ust 30 years ago, 67 percentofThais were living in poverty. TOday, thatfigure is about IO percent and falling, and just 0.6 percentare livingin extreme poverty. 6 ス 30 yea 「 s ago 0 0 0 0 10 % ん d 叫