LOCAL DEVELOPMENT BASED ON THE PHILOSOPHY OF SUFFICIENCY ECONOMY

Abstract

This article aims to explain the approaches of local development in Thailand based on the Philosophy of Sufficiency Economy, which serves as a vital framework for achieving balance among economic, social, and environmental dimensions under the principles of moderation, reasonableness, and self-immunity, with knowledge and morality as fundamental conditions. The study presents related concepts, theories, and case studies to demonstrate the application of the Sufficiency Economy Philosophy in local development processes-such as careful planning, community participation, balanced resource management, grassroots economic promotion, and the cultivation of ethical and public-minded leaders. The findings reveal that development guided by sufficiency principles enhances community self-reliance, strengthens economic and social resilience, and promotes environmental sustainability, thereby enabling localities to adapt effectively in the globalization era. The article also proposes policy recommendations to integrate the Sufficiency Economy Philosophy into local development plans systematically, paving the way toward Thailand’s long-term sustainable development.