rooster59 Posted October 29, 2016 Share Posted October 29, 2016 PM: Govt implements HM's Sufficiency Economy Philosophy in its 20-year strategy Na-ark Rojanasuvan BANGKOK, 29 October 2016, (NNT) - According to the Prime Minister, the government is implementing His Majesty King Bhumibol Adulyadej's Sufficiency Economy Philosophy in the national 20-year strategy. Prime Minister General Prayut Chan-o-cha said today that the revered King's famous theory is the guiding principle of the two-decade national plan and the 12th National Economic and Social Development plan 2017-2021. He said that the plans focus on producing tangible outcomes in sustainable development by integrating works from various sectors of the society. Gen Prayut said that the King's legacy philosophy will help Thailand transition to the new economic model "Thailand 4.0" without leaving anyone behind. It is the key to enabling the Kingdom to unchain itself from the middle income trap while reducing social inequalities. -- nnt 2016-10-30 Link to comment Share on other sites More sharing options...
rooster59 Posted October 29, 2016 Author Share Posted October 29, 2016 Friendly reminder In using Thai Visa you agree to abide by the following terms: 1) You will not express disrespect of the King of Thailand or any one member of the Thai royal family, whether living or deceased, nor to criticize the monarchy as an institution. By law, the Thai Royal Family are above politics. Speculation, comments and discussion of either a political or personal nature are not allowed when discussing HM The King or the Royal family. To breach these rules may result in immediate ban. Linking to external sites which break these rules will be treated as if you yourself posted them. Forum Rules: http://www.thaivisa.com/forum/terms/ //Admin Link to comment Share on other sites More sharing options...
jerojero Posted October 29, 2016 Share Posted October 29, 2016 What exactly is this new economic model if based on Sufficiency Economy? Link to comment Share on other sites More sharing options...
sharecropper Posted October 29, 2016 Share Posted October 29, 2016 It might perhaps unchain them from the middle income trap, but it would certainly shackle them to the Middle Ages. Link to comment Share on other sites More sharing options...
MaxLee Posted October 29, 2016 Share Posted October 29, 2016 1 hour ago, jerojero said: What exactly is this new economic model if based on Sufficiency Economy? Since I cannot say it in a way that might feel offensive regarding the case sensitive event,..... Our dear PM and former general's version would be to "Watch over us aka $PY and vehemently make us obey HIS style............ Link to comment Share on other sites More sharing options...
Squeegee Posted October 30, 2016 Share Posted October 30, 2016 How about efficient? Oh never mind. Baby steps then. One more time: Let's take a walk around the farm around the farm around the farm Let's take a walk around the farm What do you see? Link to comment Share on other sites More sharing options...
Brer Fox Posted October 30, 2016 Share Posted October 30, 2016 3 hours ago, jerojero said: What exactly is this new economic model if based on Sufficiency Economy? I don't think anyone knows much about the economic model other than it is going to take 20 years and it includes Sufficiency Economy. It is to be assumed that the fight against corruption is included in the model as the PM has stated on prior occasions that it will take 20 years to fix the corruption problem. Which raises the related question to which there is an obvious answer. Is there ever enough sufficiency in corruption to see an end to it? Link to comment Share on other sites More sharing options...
baboon Posted October 30, 2016 Share Posted October 30, 2016 4 hours ago, jerojero said: What exactly is this new economic model if based on Sufficiency Economy? Whatever the Powers That Be says it is at any given moment. Link to comment Share on other sites More sharing options...
chainarong Posted October 30, 2016 Share Posted October 30, 2016 (edited) Junta General Prayut , Can we have a break down please on the 12th national Economic and Social Development 2017 - 2021, and is this an indication that the Junta intends to remain in power till at least 2021................................................. Edited October 30, 2016 by chainarong Link to comment Share on other sites More sharing options...
waldroj Posted October 30, 2016 Share Posted October 30, 2016 "... the plans focus on producing tangible outcomes in sustainable development by integrating works from various sectors of the society..." Pop goes the weasel !!! Link to comment Share on other sites More sharing options...
maoro2013 Posted October 30, 2016 Share Posted October 30, 2016 Sounds akin to the tenets of communism Link to comment Share on other sites More sharing options...
chenposeb Posted October 30, 2016 Share Posted October 30, 2016 24 minutes ago, maoro2013 said: Sounds akin to the tenets of communism I believe a mixed economy takes methods of both socialism and capitalism (communism being an extreme form of socialism). I am unaware of there being any set guidelines that say a mixed economy needs to be stronger in one or the other. I find it quite sad that people just label the policies without looking at the true benefits for the majority of people. Even full capitalism is meant to further the majority (although this rarely happens). If we look at other countries like Bhutan who have a large majority of their citizens happy, is it so bad? Thailand already has a great sense of community and that is normally achieved through socialist methods, but there is also room for capitalism as well. The best of both worlds. If you really want to understand the sufficiency economy, you can educate yourself and find that it is actually a very sensible and worthwhile approach. The great thing about it is you can follow it as an individual also to improve your life. Link to comment Share on other sites More sharing options...
tbthailand Posted October 30, 2016 Share Posted October 30, 2016 They wrap themselves in patriotism to suppress the masses... Link to comment Share on other sites More sharing options...
worgeordie Posted October 30, 2016 Share Posted October 30, 2016 One thing is for sure ,something has to change,the majority ,cannot keep subsidizing the Farmers ,with the taxes they pay,its been this way for years and years,even when a previous Government paid them twice the price of the World market price,the Farmers are still up to their eyes in debt. A self sufficiently way of Farming,is the way to go, instead of growing a mono crop,the farmers need to diversify into other crops,and keep chickens,a cow,fish pond,pigs, plus grow their own vegetables, and fruit then at least they will have enough to eat,and be able to sell any surplus for cash,instead of just growing rice,which they never seem to make any profit on,only deeper in debt, they have to sell the rice to middle men, who make profit ,no matter if the prices are high or low,to buy daily necessities. regards worgeordie Link to comment Share on other sites More sharing options...
Bob12345 Posted October 30, 2016 Share Posted October 30, 2016 32 minutes ago, chenposeb said: If you really want to understand the sufficiency economy, you can educate yourself and find that it is actually a very sensible and worthwhile approach. The great thing about it is you can follow it as an individual also to improve your life. Sufficiency economy is so vague that any supporter of it can credit it for anything good happening and any opponent of it can blame it for any problem. It that way it is very similar to any religion where you have to interpret some vague statements... Basically nobody knows what sufficiency economy means for monetary policy, social security, taxes, international trade, unemployment, exchange rates, etc, etc, etc. So how can you say it is sensible and worthwhile? Link to comment Share on other sites More sharing options...
does Posted October 30, 2016 Share Posted October 30, 2016 - If I am not mistaken, the sufficiency economy means exactly what it says: "sufficiency" in terms of human needs. - It is (I think) primarily aimed at improving the living conditions of rural communities based on/tailored to local conditions. - I think one of its concepts is that a given community can rely on its own resources (food, etc) for 70%, with 30% reliance on "external" sources/trade. This idea is meant to insulate communities to a greater degree against big external shocks like financial crisis in the 1990s. - I believe the King has received awards from the United Nations for his efforts. - I think most of the people who commented on this article so far should be deeply ashamed of themselves. They are a disgrace to the expatriate community in Thailand. Link to comment Share on other sites More sharing options...
simon59 Posted October 30, 2016 Share Posted October 30, 2016 33 minutes ago, does said: - If I am not mistaken, the sufficiency economy means exactly what it says: "sufficiency" in terms of human needs. - It is (I think) primarily aimed at improving the living conditions of rural communities based on/tailored to local conditions. - I think one of its concepts is that a given community can rely on its own resources (food, etc) for 70%, with 30% reliance on "external" sources/trade. This idea is meant to insulate communities to a greater degree against big external shocks like financial crisis in the 1990s. - I believe the King has received awards from the United Nations for his efforts. - I think most of the people who commented on this article so far should be deeply ashamed of themselves. They are a disgrace to the expatriate community in Thailand. come on don't treat the posters like children. If you are not capable of a honest discussion on a subject please refrain on using words like disgrace or ashamed... Seriously the sufficient economy main drawbacks are " 1° limited openness to new and digital economies, 2° Income gap widening ( I don't see the higher levels of households abiding to the economy 3° Slower growth overall as foreign trade is limited leading to potential unemployement in higher qualifications jobs... But this is a good debate. There are some good to be taken from that idea ( conservation of ressources for exemple) Link to comment Share on other sites More sharing options...
Bob12345 Posted October 30, 2016 Share Posted October 30, 2016 - If I am not mistaken, the sufficiency economy means exactly what it says: "sufficiency" in terms of human needs. - It is (I think) primarily aimed at improving the living conditions of rural communities based on/tailored to local conditions. - I think one of its concepts is that a given community can rely on its own resources (food, etc) for 70%, with 30% reliance on "external" sources/trade. This idea is meant to insulate communities to a greater degree against big external shocks like financial crisis in the 1990s. - I believe the King has received awards from the United Nations for his efforts. - I think most of the people who commented on this article so far should be deeply ashamed of themselves. They are a disgrace to the expatriate community in Thailand. Many Thais, even university professors, have explained it as "living within your means". Which means you should not borrow to live above your means. So no big pickup when you have limited income but a Rolls Royce is fine if you got enough money.So are these Thais also a disgrace to Thailand, even though one of them got an internationally published paper about the sufficiency economy concept? Or should you maybe be a bit more humble? Link to comment Share on other sites More sharing options...
does Posted October 30, 2016 Share Posted October 30, 2016 16 minutes ago, simon59 said: come on don't treat the posters like children. If you are not capable of a honest discussion on a subject please refrain on using words like disgrace or ashamed... Seriously the sufficient economy main drawbacks are " 1° limited openness to new and digital economies, 2° Income gap widening ( I don't see the higher levels of households abiding to the economy 3° Slower growth overall as foreign trade is limited leading to potential unemployement in higher qualifications jobs... But this is a good debate. There are some good to be taken from that idea ( conservation of ressources for exemple) - I don't treat posters like children but just call them out on commenting on a topic that they obviously have not looked into/understood, but simply use it to vent their personal bias to anything Thai in a tasteless manner. - I made an attempt to at least give readers an idea of the intentions of the sufficiency concept. I did not comment on its effectiveness/drawbacks. (I do believe the 70/30 percentage concept is wise and could serve as a model for many developing countries.) - It always disappoints me when expatriates who choose to make Thailand their home are so quick to condemn it. Criticism is fine, but make it constructive, decent and never condescending. Link to comment Share on other sites More sharing options...
Eligius Posted October 30, 2016 Share Posted October 30, 2016 One thing will be certain: the incarnation which this philosophy undergoes at the hands of the leaders will ensure there is 'sufficient' for the poor - and massive, overwhelming, overflowing abundance for the mighty rich! Link to comment Share on other sites More sharing options...
Gainsbourg Posted October 30, 2016 Share Posted October 30, 2016 Sufficiency for some. Abundance for others. Nothing offensive or disrespectful in that. It has always been like that around here. Other conclusions, namecalling and additions cannot be mentioned. As usual i wish the thai PEOPLE (serfs) the best. They are mostly decent people bearing life in pride. Link to comment Share on other sites More sharing options...
performance Posted October 30, 2016 Share Posted October 30, 2016 Please please it was already introduced decades ago. Now superman wants to fly in 2016. Your suits a copy no cape. You are buying time delays. Standard Thai game. You have failed to even begin a reform of any kind. I just have to laugh. Link to comment Share on other sites More sharing options...
performance Posted October 30, 2016 Share Posted October 30, 2016 Is this model inclusive of a real police force. At the moment you have replaced the force with your own untrained make shift police. I suppose you get full transparency lol. Let's get to a election and then with some luck the new elected PM may do the right thing and override any and all corrupt non reformers. Link to comment Share on other sites More sharing options...
jamesbrock Posted October 30, 2016 Share Posted October 30, 2016 13 hours ago, rooster59 said: Gen Prayut said that the King's legacy philosophy will help Thailand transition to the new economic model "Thailand 4.0" without leaving anyone behind. It is the key to enabling the Kingdom to unchain itself from the middle income trap while reducing social inequalities. 15 million people scratching around in the dirt for 60 baht per day while people in regular jobs (police, military, civil servants) mysteriously amass fortunes in the hundreds of millions of baht, and he has the unmitigated gall to talk about reducing social inequalities! 4 hours ago, Eligius said: One thing will be certain: the incarnation which this philosophy undergoes at the hands of the leaders will ensure there is 'sufficient' for the poor - and massive, overwhelming, overflowing abundance for the mighty rich! 88% of the people living below the poverty line do so in rural areas, with the north and north-east overrepresented, while unrestrained avarice is openly displayed by the ruling elite in Bangkok - no wonder they are pushing this philosophy.. Link to comment Share on other sites More sharing options...
BuckBee Posted October 30, 2016 Share Posted October 30, 2016 was it used on the Hawaii trip or did they drop the ball ! :-/ Link to comment Share on other sites More sharing options...
tbthailand Posted October 30, 2016 Share Posted October 30, 2016 no one in Thailand, who is in possession of buckets and buckets of money, has ever practiced this economic model. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now