## From Past to Present: When the Philosophy of Sufficiency Economy Becomes a Real Solution
In the 1960s, Thailand prepared to become an economic superpower in Asia through massive foreign investments and development plans for infrastructure and industry. Capital flows were abundant, but profits were inconsistent. Inequality increased, the environment was degraded, and agricultural communities were forced to expand cultivation by destroying forests. Until the economic crisis in 1997 erupted. This situation brought back the necessity of the concept that His Majesty King Bhumibol Adulyadej had p
View OriginalIn the 1960s, Thailand prepared to become an economic superpower in Asia through massive foreign investments and development plans for infrastructure and industry. Capital flows were abundant, but profits were inconsistent. Inequality increased, the environment was degraded, and agricultural communities were forced to expand cultivation by destroying forests. Until the economic crisis in 1997 erupted. This situation brought back the necessity of the concept that His Majesty King Bhumibol Adulyadej had p